Dáil Éireann Debate, Tuesday - 15 January 2019
223. Deputy David Cullinane asked the Minister for Finance if he is satisfied that information (details supplied) regarding the sale price of certain apartments in Dublin in 2018 supplied by the Revenue Commissioners to the Property Services Regulatory Authority is correct; and if he will make a statement on the matter. [1288/19]
View answerI am advised by Revenue that the information regarding the sale price of the apartments in question was sourced directly from self-assessed Stamp Duty returns which were filed electronically by taxpayers or their representatives through Revenue’s Online Service (ROS).
Revenue has also advised me that the transfer of information to the Property Services Regulatory Authority (PSRA) is an automated process that directly feeds from one IT system to the other. It is sometimes the case that the information provided on the electronic Stamp Duty return is not completed correctly by the filer, for example apartment addresses within a block, and because of this the sales price information displayed on the Residential Property Price Register may appear to be incorrect.
Regarding the properties in question, Revenue has confirmed to me that it will examine the individual Stamp Duty returns, and will make direct contact with the filers where the information appears incorrect to advise on any necessary amendments. Where a return is amended, the Residential Property Price Register will automatically update within a few days.
Finally, I am aware that Revenue has published a very useful Help Guide on its website at www.revenue.ie/en/online-services/support/documents/help-guides/stamp-duty/completing-a-return-online.pdf to assist people in completing Stamp Duty returns, which the Deputy may find helpful. I am also advised that the PSRA provides guidance on its website on how to interpret information held on the Residential Property Price Register.
