Oireachtas Joint and Select Committees

Wednesday, 29 May 2013

Joint Oireachtas Committee on Finance, Public Expenditure and Reform

Property Tax: Discussion with Revenue

3:40 pm

Photo of Michael McGrathMichael McGrath (Cork South Central, Fianna Fail) | Oireachtas source

I welcome Ms Feehily and her colleagues. The high level of compliance that has been achieved confirms that people respect the Revenue Commissioners while fearing it in equal measure. That is borne out by what appears to be a very high rate of compliance before the statutory deadline. The Revenue Commissioners were given a job to do by the Government through the Oireachtas and a good job seems to have been done in implementing the legislation. There is obviously a need for a wider debate about the impact on the economy, disposable income, the property market, etc., although I respect that it is not within Ms Feehily's ambit and I will not be going there today. Ms Feehily has indicated that, taking into account the 160,000 local authority and social housing properties, the level of voluntary compliance is approximately 1.68 million properties. Is that from a total of 1.69 million properties in respect of which correspondence was issued by the Revenue Commissioners?

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