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Dáil Éireann Debate, Tuesday - 16 June 2020

Tuesday, 16 June 2020

Questions (121)

Gerald Nash

Question:

121. Deputy Ged Nash asked the Minister for Finance the estimated revenue that would be raised from a reintroduction of the second home levy at a rate of €250, €500, €750 and €1,000, respectively; and if he will make a statement on the matter. [11462/20]

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Written answers

I am informed by Revenue that the Ready Reckoner, available on its website at link https://www.revenue.ie/en/corporate/documents/statistics/ready-reckoner.pdf  shows on page 26, the estimated amounts that could be raised by a levy on non-principal private residences (NPPR). While the rates proposed by the Deputy are not provided, they can be estimated on a straight-line or pro-rata basis from those shown. These figures are based on NPPRs identified in Local Property Tax (LPT) returns, rather than those from the NPPR charge previously administered by Local Authorities.

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