Dáil Éireann Debate, Tuesday - 15 June 2021
343. Deputy Brendan Griffin asked the Minister for Finance if clarification will be provided on a matter (details supplied) in relation to increasing the local property tax on holiday homes; and if he will make a statement on the matter. [30925/21]
View answerSubject to a limited number of exemptions Local Property Tax (LPT) applies to all residential properties. It is sufficient for a property to be liable if it is suitable for use as a residence even if it is not actually occupied as such. The LPT charge is based on the market value of a property on a specified date known as the valuation date. I am informed by Revenue that LPT returns require owners to indicate whether their properties are principal or non-principal primary residences (NPPR). However, the information does not distinguish whether NPPR properties are used as holiday homes or otherwise.
The Deputy will be aware that the Government recently approved the General Scheme of the Finance (Local Property Tax) (Amendment) Bill 2021 which has been published. The Bill is being drafted to give effect to a package of measures addressing the Programme for Government commitments and related matters. The proposed amendments do not include any changes in respect of holiday homes and I have no plans to introduce a higher rate of LPT for holiday homes.
