Dáil Éireann Debate, Tuesday - 5 February 2013
233. Deputy Derek Nolan asked the Minister for Finance if there will be any exemptions for persons paying management fees to property management companies in the forthcoming Local Property Tax Bill; and if he will make a statement on the matter. [5911/13]
View answerThe Finance (Local Property Tax) Act 2012 provides for a number of specific exemptions from the charge as well as the possibility of deferring the charge in certain cases of hardship. Exemptions from or deferral of the Local Property Tax only apply in the circumstances provided for in the legislation. A requirement to pay management fees is not relevant in determining liability. Accordingly, whilst those who are liable for management fees to property management companies may be exempt from LPT for another reason, or may be entitled to avail of a deferral arrangement under the provisions contained in the legislation, there is no specific exemption for the payment of management fees.
Revenue from the local property tax will accrue to local authorities and will support the provision of local services. Local authorities provide a broad range of services in the public realm which benefit the wider community, the proper functioning of which are important for the wellbeing of every community and household. These include - fire and emergency services; road maintenance and cleaning; street lighting; spatial and development planning and other similar services; regulatory and inspection functions and business support services, as well as libraries, parks, and other recreation and cultural public amenities.
The benefits of these services accrue to all members of society, including those who pay management fees.
