Property Tax Data

Dáil Éireann Debate, Wednesday - 20 September 2017

Wednesday, 20 September 2017

Questions (166)

Catherine Murphy

Question:

166. Deputy Catherine Murphy asked the Minister for Finance the breakdown of local property tax, LPT, which is deferred on the basis of inability to pay by local authority; the total income from interest in 2015, 2016 and 2017 that arises from deferred LPT; the rate of interest applied; and if he will make a statement on the matter. [39368/17]

Written answers

Minister for Finance

Part 12 of the Finance (Local Property Tax) Act 2012 (as amended) provides for a deferral or partial deferral (50%) of LPT where certain specified circumstances exist. These circumstances include ‘Income Level’, ‘Hardship’, ‘Personal Insolvency’ and ‘Personal Representative of a Deceased Person’.

Once granted, a deferral normally remains in place for the duration of the ‘Valuation Period’, which is currently 1 May 2013 to 31 October 2019. Where a deferral is in place, the outstanding liability automatically attaches as a charge on the property and must be paid before a sale or transfer can be completed. Interest is also charged on the deferred amount at a rate of 4% per annum.

There are currently 62,500 properties with LPT deferrals in place, most of which are in respect of the entire ‘Valuation Period’ (2013-2019). The following table sets out the value of the deferrals broken down by Local Authority. The total accumulated interest to date is €5m of which €2.6m relates to the years specified by the Deputy (2015, 2016 and 2017).  

Local Authority	No of properties	Deferral Liability  2013 €	Deferral Liability  2014 €	Deferral Liability  2015 €	Deferral Liability 2016 €	Deferral Liability 2017 €
Carlow	885	45,324	111,780	138,830	153,815	153,230
Cavan	1149	51,231	125,775	155,925	175,410	171,000
Clare	1650	78,582	200,340	210,426	247,765	284,535
Cork City	1719	133,889	298,935	305,505	330,644	362,745
Cork County	4367	309,681	741,727	772,889	931,189	972,304
Donegal	3586	151,865	392,040	487,381	570,240	554,580
Dublin City	7526	1,089,802	2,418,250	2,238,771	2,372,884	2,325,032
Dun Laoghaire Rathdown	1775	356,505	794,747	746,601	806,495	789,312
Fingal	3129	369,754	861,616	817,949	880,687	865,555
Galway City	769	68,397	160,920	184,140	205,470	199,170
Galway County	2241	108,242	270,810	342,855	400,545	435,555
Kerry	1806	96,152	232,650	297,135	361,170	355,545
Kildare	2498	198,260	488,610	512,406	572,917	611,775
Kilkenny	1127	59,812	151,560	179,640	205,740	205,965
Laois	1162	50,204	129,375	155,880	180,675	179,775
Leitrim	456	18,072	45,675	56,475	65,385	63,990
Limerick	2834	161,691	389,295	445,265	513,038	549,748
Longford	614	22,344	53,505	65,149	79,948	77,972
Louth	2313	128,999	313,741	366,393	423,662	421,690
Mayo	1702	73,614	188,235	231,112	282,683	274,770
Meath	2695	196,505	470,925	551,745	627,120	622,665
Monaghan	882	37,315	99,315	125,865	132,458	142,605
Offaly	1182	55,060	140,760	174,150	203,490	198,540
Roscommon	877	33,434	84,690	108,270	123,255	120,555
Sligo	845	40,931	101,070	121,497	142,425	136,890
South Dublin	3322	374,776	864,650	815,024	885,664	878,339
Tipperary	2159	106,553	261,764	314,954	369,841	368,177
Waterford	1775	98,139	232,020	274,657	318,870	308,430
Westmeath	1203	65,019	156,915	181,420	215,903	214,335
Wexford	2499	138,886	341,595	408,269	464,220	473,310
Wicklow	1809	165,735	402,060	385,891	515,955	513,030
Total	62,556	4,884,773	11,525,350	12,172,469	13,759,563	13,831,124