Skip to main content
Normal View

Tax Code

Dáil Éireann Debate, Thursday - 14 July 2022

Thursday, 14 July 2022

Questions (291, 292)

Róisín Shortall

Question:

291. Deputy Róisín Shortall asked the Minister for Finance the number of properties assessed for local property tax in 2021 where the property valuation was in excess of €1.75 million. [39424/22]

View answer

Róisín Shortall

Question:

292. Deputy Róisín Shortall asked the Minister for Finance the number of properties assessed for local property tax in 2021 where the property valuation was in excess of €1.5 million. [39425/22]

View answer

Written answers

I propose to take Questions Nos. 291 and 292 together.

I am advised by Revenue that the latest information on property owners’ self-assessed valuations for Local Property Tax, as at the liability date of 1 November 2021, is published online with the most recent provisional statistics following revaluation published on the 11 May 2022 and is available at www.revenue.ie/en/corporate/documents/statistics/lpt/lpt-stats-update-110522.pdf . The number of properties for which the self-assessed valuation was in excess of €1.75 million can be calculated from Table 3 in that release. 

I am advised by Revenue that the information provided by property owners in the LPT return is the LPT band and not the exact valuation of the property; for example, properties valued by their owners at €1.5 million fall into the valuation band €1,487,501 - €1,575,000. Therefore, it is not possible to provide the exact number of properties for which the self-assessed valuation would have been in excess of €1.5 million. However, the information in Table 3 of the release already mentioned for bands 17, 18, 19 and 20 may be of interest to the Deputy. 

Question No. 292 answered with Question No. 291.
Top
Share