Oireachtas Joint and Select Committees

Tuesday, 11 June 2019

Committee on Budgetary Oversight

Local Property Tax Review: Discussion

Photo of Paschal DonohoePaschal Donohoe (Dublin Central, Fine Gael) | Oireachtas source

The reason there would be some who would lose out is because of the movement of property values inside the local authority area. Perhaps the next step would be for my officials to come before the committee and take members through the detail of the model that has yielded that insight. They were due to appear before the committee beforehand but that was not possible for scheduling reasons because I was before the committee.

Regarding the question of whether I would commit to making up yield that would be lost were we to go ahead with a particular yield, that is not a commitment I could give now. What I want to do is ensure that overall, the yield we have at the moment is protected and maintained. The way to increase it in the future is bringing new homes into the net.

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