Pearse Doherty
Question:45. Deputy Pearse Doherty asked the Minister for Finance the numbers of properties liable for payment of the local property tax in the year 2015. [12250/15]
View answerWednesday, 25 March 2015
Questions (45, 46, 47, 48)
Pearse Doherty
Question:46. Deputy Pearse Doherty asked the Minister for Finance the average local property tax payable on an eligible property in the State. [12251/15]
View answerPearse Doherty
Question:47. Deputy Pearse Doherty asked the Minister for Finance the average local property tax payable on an eligible property in County Dublin. [12252/15]
View answerPearse Doherty
Question:48. Deputy Pearse Doherty asked the Minister for Finance the average local property tax payable on an eligible property in the 25 counties of the State excluding County Dublin. [12253/15]
View answerWritten answers
I propose to take Questions Nos. 45 to 48, inclusive, together.
I am advised by the Revenue Commissioners that it is tentatively estimated, based on extrapolations from the Central Statistics Office Census 2011 results and information received to date from the administration of LPT, that a total of 1.95 million properties may be liable for Local Property Tax (LPT) in each year. In 2013 and 2014, compliant properties total 1.85 million, a compliance rate of 95%. I am further advised that work is ongoing to validate the expected size of the LPT register and the remaining properties are the subject of ongoing analysis by Revenue. It is expected that these properties will be accounted for over time, through further compliance work by Revenue and as properties are bought and sold.
In relation to the average payments for LPT, I am advised by the Revenue Commissioners that compliance data in relation to the Local Property Tax (LPT) is available on the Commissioners' website at http://www.revenue.ie/en/about/statistics/lpt-compliance.html. The Commissioners have confirmed that, as shown by the distribution of properties by valuation band, the average or median property nationwide is returned in Band 2 (€100,000 to €150,000). Therefore the average payment in 2014 is €225. Updates to these statistics will be published in April and the possibility of providing a further breakdown of valuations by Local Authorities will be considered in that context. Consideration of average payments in 2015 should also take into account that the Local Adjustment Factor, change to rates set by Local Authorities, will have reduced average payments of LPT.