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Dáil Éireann díospóireacht -
Tuesday, 25 Apr 1978

Vol. 305 No. 9

Written Answers. - Agricultural Holdings Valuations.

419.

(Cavan-Monaghan) asked the Minister for the Environment the number of agricultural holdings in the State having a PLV of £75 and over; the saving to the Exchequer this year resulting from the withdrawal of the agricultural grant from these holdings; the number of agricultural holdings in the State having a PLV between £60 and £74 inclusive; and the saving to the Exchequer next year if the agricultural grant is withdrawn from these holdings, assuming the current rate in the £.

It is estimated that there are about 15,300 rated land holdings in the State with poor law valuations of £75 and over and about 7,800 with poor law valuations of from £60 to £74 inclusive. On the basis of this year's rates in the £, the extra amounts needed by way of agricultural grant to apply the current primary and supplementary allowances to these categories are estimated to be £7 million and £2.3 million respectively. These estimated savings to the Exchequer will, however, be reduced by allowing rates as a credit against income tax liabilities.

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