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 Marie SherlockMarie Sherlock (Labour) | Oireachtas source

I appreciate the initiative taken with regard to containing the change for a large number of households on the review of the bands. As I understand it, that adjustment of income for mortgage interest was put in place to deal with households that are low income and have mortgage interest payments to make. It would be very unfortunate to withdraw that now, particularly in our current circumstances and particularly given the uncertainty a number of households employed in certain sectors are facing into future years. I ask the Minister to reconsider that when publishing the Bill.

I also wish to ask about the review of the thresholds. I do not believe a date has been put in regarding the review of the thresholds for deferral. Is there a plan to specify that in the detail of the Bill?

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