Property Tax Data

Dáil Éireann Debate, Tuesday - 12 March 2019

Tuesday, 12 March 2019

Questions (689, 690)

Michael McGrath

Question:

689. Deputy Michael McGrath asked the Minister for Housing, Planning and Local Government the revenue received by each county from the local property tax each year since its introduction, in tabular form; the amount of that money each year spent locally by each county; the amount of that money each year paid into the equalisation fund by each county; the amount of money received from the equalisation fund each year by each county; and if he will make a statement on the matter. [12367/19]

Barry Cowen

Question:

690. Deputy Barry Cowen asked the Minister for Housing, Planning and Local Government the amount of local property tax collected by local authority each year since its introduction; the amount spent each year locally by local authority from the tax either from revenue or the equalisation fund; and if he will make a statement on the matter. [12553/19]

Written answers

Minister for Housing, Planning and Local Government

I propose to take Questions Nos. 689 and 690 together.

Local Property Tax (LPT) is administered and collected by the Revenue Commissioners and is remitted into the Local Government Fund. The Revenue Commissioners publish detailed information on LPT collected annually, broken down by local authority, on its website at the following web link: https://www.revenue.ie/en/corporate/information-about-revenue/statistics/local-property-tax/index.aspx..

The current local retention regime for LPT began in 2015 and since then 80% of the estimated LPT liability in each local authority area for a given year is retained in that area to fund public services, notwithstanding any local variation decisions. The remaining 20% of LPT is re-distributed to provide equalisation funding to those local authorities that have lower property tax bases, due to, inter alia, the variance in property values and density in different locations across the State. Detailed information on the LPT retention regime including equalisation funding and allocations is published by my Department on an annual basis and is available at the following link:

https://www.housing.gov.ie/search/archived/current/category/housing/sub-topic/local-property-tax/sub-type/funding-allocation/topic/chargestaxes/type/publications?Query.