Dáil Éireann Debate, Tuesday - 4 March 2014
28. Deputy Barry Cowen asked the Minister for Finance if he will provide in tabular form a county breakdown of the estimated local property tax income in 2014; the total collected in 2013 combined with compliance rates to date; and if he will make a statement on the matter. [10420/14]
View answerI am informed by the Revenue Commissioners that compliance data in relation to the Local Property Tax (LPT) is available broken down by city and county councils nationally. The most up to date figures for 2013 and 2014, which were published on 18 February 2014, are available on the Commissioners website at: http://www.revenue.ie/en/tax/lpt/lpt-stats-0214.pdf.
While the 2014 forecasted yield for LPT nationally is €550 million, the Commissioners advise that it is not possible to state the precise amount of LPT which is expected to be collected for each City and County Council in 2014. A number of factors could affect the outcome, including the continuation of the strong level of voluntary compliance that was achieved in 2013, the impact of Revenue s compliance programme to follow up with those liable persons who have failed to meet their LPT obligations for 2013 and 2014, and the compliance programme for the collection of arrears of household charge/LPT.
The Commissioners have confirmed that by the end of December 2013 €318m had been transferred by Revenue to the Exchequer in respect of LPT. Of this amount, €242m was in respect of LPT for 2013 and €76m relates to 2014 LPT. By the end of January 2014, a further €32.6m was transferred by Revenue to the Exchequer.
