Dáil Éireann Debate, Tuesday - 4 July 2017
125. Deputy Joan Burton asked the Minister for Finance the cost associated with establishing the local property tax system, including the self-assessment valuation mechanism; and the annual cost associated with administering and collecting the local property tax. [31504/17]
View answerI am advised by Revenue that the cost associated with establishing the Local Property Tax (including the arrears of Household Charge) and the ongoing annual costs are set out in the tables. The figures provided cover the full cost of the development, including the self assessment valuation mechanism, and the cost of administration of LPT for each year. It includes all pay and non-pay costs.
Also included is the amount of LPT collected each year.
Local Property Tax Costs 2012 - 2016
|
|
2012 |
2013 |
2014 |
2015 |
2016 |
|
Total Cost |
€2.3m |
€27.1m |
€20.1m |
€13.6m |
€13.3m |
Local Property Tax Collected 2012 - 2016
|
|
2012 |
2013 |
2014 |
2015 |
2016 |
|
Total Yield |
|
€262m |
€519m |
€474m |
€468m |
