Richard Boyd Barrett
Question:296. Deputy Richard Boyd Barrett asked the Minister for Finance the annual cost in terms of revenue foregone of abolishing the local property tax; and if he will make a statement on the matter. [33391/15]
View answerTuesday, 29 September 2015
Questions (296, 301, 302, 303, 304)
Pearse Doherty
Question:301. Deputy Pearse Doherty asked the Minister for Finance the total revenue generated in 2014 by the local property tax. [33452/15]
View answerPearse Doherty
Question:302. Deputy Pearse Doherty asked the Minister for Finance the total portion of persons liable to local property tax in 2014 who were exempted from the tax relative to the total number of persons liable for local property tax. [33453/15]
View answerPearse Doherty
Question:303. Deputy Pearse Doherty asked the Minister for Finance the total number of deferrals granted from the local property tax in 2014. [33454/15]
View answerPearse Doherty
Question:304. Deputy Pearse Doherty asked the Minister for Finance the total portion of persons liable to local property tax in 2014, who paid the higher rate of 0.25% on properties valued at over €1 million relative to the total number of persons liable to local property tax; and the amount of revenue generated by this higher rate. [33455/15]
View answerWritten answers
I propose to take Questions Nos. 296 and 301 to 304, inclusive, together.
In relation to Question 3391-15, I am advised by the Revenue Commissioners that the Local Property Tax (LPT) is forecast to collect €440 million in 2015.
With reference to Questions 33452-15, 33453-15 and 33454-15, I am further advised that LPT statistical data are available from the statistics webpage of the Revenue Commissioners' website at http://www.revenue.ie/en/about/statistics/index.html. Specifically, information concerning the total revenue collected in 2014 as well as the numbers of persons claiming exemptions and deferrals can be accessed at http://www.revenue.ie/en/about/statistics/lpt-compliance.html.
Finally, with regards to Question 33455-15, I am advised that the number of properties which returned a valuation in the greater than €1 million valuation band is also available from the aforementioned statistical publication. However, a breakdown of the revenue generated by the higher rate is not available.