Dáil Éireann Debate, Tuesday - 25 October 2016
243. Deputy Aengus Ó Snodaigh asked the Minister for Housing, Planning, Community and Local Government the reason Dublin City Council receives less than 90% of the property tax raised in its administrative area; the details of the amount of the tax raised in each local authority area each year since the property tax was introduced; and the amount allocated by his Department to that same council for each year. [31525/16]
View answerLocal authorities have retained 80% of Local Property Tax (LPT) collected in their areas since 2015, in accordance with decisions of Government. The remaining 20% is re-distributed to provide equalisation funding to certain local authorities that have lower LPT bases due to the variance in property values and density across the State. This equalisation recognises that certain local authorities, whose property bases do not provide a sufficient level of LPT, require extra financial support.
LPT is collected and administered by the Revenue Commissioners and is remitted to the Central Fund. The Revenue Commissioners publish LPT information, including details of LPT collected in all local authority areas, on their website at the following link: http://www.revenue.ie/en/about/statistics/local-property-tax.html.
In accordance with the Government's decisions in relation to local retention of LPT, my Department notified Dublin City Council of revised LPT allocations of €53,728,544, €50,661,430 and €51,653,907 for 2015, 2016 and 2017, respectively. These allocations take into account the passing of resolutions by the elected members of the City Council to reduce the basic rate of LPT by 15% in each year.
The LPT allocations to Dublin City Council along with details of allocations in each local authority area are published on my Department's website at the following link:
http://www.housing.gov.ie/housing/chargestaxes/local-property-tax/local-property-tax.
