Oireachtas Joint and Select Committees
Thursday, 20 September 2018
Select Committee on Finance, Public Expenditure and Reform, and Taoiseach
Home Building Finance Ireland Bill 2018: Committee Stage
10:20 am
Michael D'Arcy (Wexford, Fine Gael) | Oireachtas source
There are 59,000 people below the income threshold, which is €15,000 for an individual or €25,000 for a couple. I cannot comment. The tax is the tax. It is in place. I believe the collection rate is 98%. I know the Deputy disputes that figure and the tax. He has always done so. He is fairly consistent in that, but it brings in approximately €500 million in total. It is one of the lowest property tax rates in Europe, if not the lowest.
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