Oireachtas Joint and Select Committees

Thursday, 8 November 2018

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach

Finance Bill 2018: Committee Stage (Resumed)

10:00 am

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

My amendment is No. 180. To clarify, this is in the context of the local property tax, LPT. It is not clear from the amendment but it is in the context that I am raising this issue. Does the Minister believe there is any overlap between the management fees paid by apartment owners in respect of the complex in which they live on the one hand and on the other hand the local property tax that they pay to Revenue? That is going towards the local authority for services to be provided in the local authority area. The Minister is doing a review of the LPT and there will be an announcement in due course because of the impending re-evaluation in November 2019. There has been a period of consultation, etc. Does the Minister believe any recognition should be given, in the context of LPT, to those also paying significant management fees for the operation of their complex, including the maintenance of common areas and green areas within their developments?

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