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Property Tax Yield

Dáil Éireann Debate, Wednesday - 9 July 2014

Wednesday, 9 July 2014

Questions (55, 56)

Catherine Murphy

Question:

55. Deputy Catherine Murphy asked the Minister for Finance the numbers of properties per valuation band for each of the local authorities that have been declared for payment of the local property tax; the percentage of properties per valuation band for each of the local authorities that are compliant with the local property tax; and if he will make a statement on the matter. [30049/14]

View answer

Catherine Murphy

Question:

56. Deputy Catherine Murphy asked the Minister for Finance the projected income yield to the Exchequer from the local property tax per valuation band per local authority for 2013 and 2014; and if he will make a statement on the matter. [30050/14]

View answer

Written answers

I propose to take Questions Nos. 55 and 56 together.

I 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 and the most up to date figures for LPT collected in 2013 and 2014 were published on 16 April 2014 on the Commissioners' website at: Local Property Tax Statistics April 2014 (PDF 192KB). 

The report also provides a breakdown of the percentage distribution of properties across the 20 valuation bands nationally based on Returns filed for 2013 in respect of 1.64m properties. This data excludes local authority (or similar) owned properties which are deemed to be valued, under LPT legislation, in LPT Valuation Band 1. 

While the Commissioners have confirmed that more up-to-date data and analysis will be published shortly, they also advise that significant additional work would be required to provide LPT yield and compliance data by valuation band for each city and county council, as requested by the Deputy in her Questions.  I am advised by the Commissioners that their current priority is to manage the compliance programme for LPT and Household Charge arrears and to ensure that the levels of compliance for 2013 and 2104 LPT and for Household Charge are maximised.  This work is likely to continue for some time.

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 June 2014, a further €310m was transferred by Revenue to the Exchequer.

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