Dáil Éireann Debate, Wednesday - 17 June 2015
80. Deputy Clare Daly asked the Minister for Finance his views regarding his previous commitments that prior to the summer recess he would have sorted out the anomaly in the statutory instrument and legislation which means that owners of home that have pyrite have to undertake a hardcore infill test analysis, costing thousands of euro, in order to claim their lawful entitlement to a property tax exemption. [24070/15]
View answerThe Deputy will be aware that I have initiated a review of the operation of the Local Property Tax (LPT).
The Review will primarily have regard to recent residential property price developments, the overall yield from LPT, and the desirability of achieving relative stability in LPT payments. It will also address a number of issues which have arisen in relation to the efficient and effective administration of the LPT, including the operation of the pyrite exemption provisions.
Resolution of this matter may necessitate a change in the relevant provisions of the LPT legislation and/or the Pyrite Regulations. If so, I will examine the scope for the implementation of any changes on an administrative basis, in advance of such legislative amendments.
It is intended that the outcome of the Review will be presented to me no later than summer 2015.
