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

Photo of Peadar TóibínPeadar Tóibín (Meath West, Aontú) | Oireachtas source

Gabhaim buíochas leis an Aire as sin. Unfortunately, I missed the start of the Minister's presentation because Teams was not operational for me at that time. I understand in the Bill itself the definition of a residential property will be amended in three ways. The first one is that land adjoining the house, which exceeds an acre, that is suitable for occupation or for the enjoyment of the house, will be specified as part of the property. Then it goes further and it changes the reference from acre to hectare, which is for compliance with EU standards. Obviously a hectare is bigger than an acre, so that measurement could have a material change along with the first one. Do those two potential changes mean that rural homes could be hit with a higher cost? I have been contacted by people who say they have a turf shed, a driveway, and elements within the plot of land on which their home is located, and the definitional changes look like they could put them into a higher estimation of value and therefore a higher LPT.

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