Oireachtas Joint and Select Committees
Wednesday, 7 July 2021
Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach
General Scheme of the Finance (Local Property Tax) (Amendment) Bill 2021: Discussion
Paschal Donohoe (Dublin Central, Fine Gael) | Oireachtas source
To go back to the division of labour in relation to this charge and to this tax, it is really a decision that sits with the Minister for Housing, Local Government and Heritage and his Department. However, it is something I would like to see happen. I hope we can secure the future of this tax through a revaluation that is well executed in November, to build up the link between the taxes people pay through the LPT and the work that happens either in their community or within their local authority area. This may well be possible on an postcode basis and the Deputy may be ahead of me in his understanding of that. The only caveat is that there are important pieces of local infrastructure that can straddle a number of different postcodes and that is potentially an issue which would need to be considered. In a few years' time, I want to be in a position whereby there is a far better understanding between taxes collected and projects delivered through the LPT. This is a vital part of our tax base. Even though at the moment its share of our national revenue is low that does not diminish the importance of it and the role it can play in future.
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