Dáil Éireann Debate, Thursday - 16 May 2013
96. Deputy Finian McGrath asked the Minister for Finance if there are any exemptions from the local property tax for persons who suffered severe flood damage over the years; and if the Revenue Commissioners will examine this matter. [23409/13]
Amharc ar fhreagraThere are no specific exemptions from LPT for householders who suffered flood damage. However, LPT is a self-assessed tax so it is a matter for the property owner to calculate the tax due based on his or her assessment of the market value of the property. Issues such as a potential liability to flooding would be one of the factors that a property owner would take into account in valuing their property. Where a property owner makes a valuation in an honest and reasonable manner, that valuation will not be challenged by Revenue in accordance with its normal Customer Service Charter.
