Oireachtas Joint and Select Committees

Wednesday, 29 May 2013

Joint Oireachtas Committee on Finance, Public Expenditure and Reform

Property Tax: Discussion with Revenue

3:50 pm

Ms Josephine Feehily:

No. The profile that was prepared for this tax, which was published on the Department of Finance's website, began in July. We already had €1 million in March, €22 million in April and at the end of May it will be €100 million, or something like that figure. The Deputy is correct. There will have to be a new profile when we have analysed the other amounts. My colleague has just pointed out to me that the amount is possibly higher because some of the 27% direct debits are also single debit authorities. There is probably more, so by the end of July we should have a lot of the money.

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