Dáil Éireann Debate, Thursday - 27 March 2014
54. Deputy Michael McGrath asked the Minister for Finance the revenue raised from the local property tax in 2013; the amount of same that related to early payment of liabilities for 2014; and if he will make a statement on the matter. [14644/14]
View answerI am informed by the Revenue Commissioners that by the end of December 2013 €318m had been transferred by Revenue to the Exchequer in respect of Local Property Tax (LPT). Of this amount, €242m was in respect of LPT for 2013 and €76m related to 2014 LPT. By the end of February 2014, a further €56.9m had been transferred to the Exchequer. The Commissioners have also confirmed that about €1.5m is currently being paid on a daily basis and the LPT compliance rate for 2014 is now at 85%. Compliance data in relation to LPT for 2013 and 2014 are available on the Commissioners website at: http://www.revenue.ie/en/tax/lpt/lpt-stats-0214.pdf.
