I am informed by the Revenue Commissioners that the yield from residential property tax in 1996 to date amounts to £12.3 million. The projected yield for the year 1996 is £13.5 million. This will exceed the 1995 yield by £1.4 million.
The due date for filing residential property tax returns and paying any tax due is 1 October each year. The Revenue Commissioners are not in a position to process all returns and payments until some time afterwards. Accordingly, it is not possible at this stage to provide the Deputy with a breakdown of 1996 payments on a county by county basis.
However it is anticipated that such breakdown will not differ substantially from that for valuation date 5 April 1995.