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Property Tax Exemptions

Dáil Éireann Debate, Tuesday - 25 September 2018

Tuesday, 25 September 2018

Questions (140, 141, 142, 143)

Catherine Murphy

Question:

140. Deputy Catherine Murphy asked the Minister for Finance the number of new and previously unused properties purchased from builders and developers between 1 January 2013 and to date in 2018, that are exempt from local property tax, LPT; the amount of LPT foregone in respect of these dwellings; and if he will make a statement on the matter. [38460/18]

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Catherine Murphy

Question:

141. Deputy Catherine Murphy asked the Minister for Finance the number of properties that were self-built before and after 1 May 2013 and to date that are exempt from local property tax; the amount of tax foregone on these dwellings; and if he will make a statement on the matter. [38461/18]

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Catherine Murphy

Question:

142. Deputy Catherine Murphy asked the Minister for Finance the number of properties that were self-built between 1 January and 1 May 2013 that are exempt from local property tax until the end of 2019, that are used as sole or main residences; the amount of LPT foregone on these types of dwellings; and if he will make a statement on the matter. [38462/18]

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Catherine Murphy

Question:

143. Deputy Catherine Murphy asked the Minister for Finance the number of properties purchased in 2013 that are classified as main residences that are exempt from local property tax until the end of 2019; the amount of LPT foregone on these properties from 2013 to date in 2018; and if he will make a statement on the matter. [38463/18]

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Written answers

I propose to take Questions Nos. 140 to 143, inclusive, together.

The Finance (Local Property Tax) Act 2012 (as amended) and Part 2 of the Act make provision for a number of LPT exemptions. The available exemptions include new and unused properties purchased from a builder or developer between 1 January 2013 and 31 October 2019 and properties purchased or built between 1 January 2013 and 31 December 2013. The exemptions apply to properties used as principal private residences.

I am advised by Revenue that the approximate number and value of claims to exemption under these categories, for years 2013 to 2018 inclusive, is as follows:

- New and unused purchases: 5,200 properties with total liability amounting to €10 million*;

- Properties purchased or built as main residences during 2013: 11,700 properties with total liability amounting to €25 million.

* Includes properties only where the liable person filed a return claiming the exemption. Where new and previously unused properties were purchased during the current valuation period (2013-2019) there is no obligation to file an LPT return as they are not liable to the tax until the next valuation period. Revenue does however capture data relating to new and previously unused properties on the LPT Register via Stamp Duty records and through various other information sources but they are not included here as they are considered not liable for 2013-2019.

As regards the number and value of self-built properties, Revenue does not collect such information as it is not relevant for LPT purposes.

The number of properties exempt from LPT up to Quarter 2 of 2018 by exemption category is available in the LPT statistics page on the Revenue website at https://www.revenue.ie/en/corporate/information-about-revenue/statistics/local-property-tax/quarterly-reports-2018/local-property-tax-june-2018.aspx

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