Oireachtas Joint and Select Committees

Tuesday, 16 January 2018

Committee on Budgetary Oversight

Local Property Tax and Commercial Stamp Duty: Department of Finance

4:00 pm

Mr. John Hogan:

I apologise, Deputy O'Brien asked me about this. We do not have the information on the implications of that to hand at the moment. We certainly must undertake an exercise to match property price movements against the different scenarios. As we explored earlier, we will examine the options as to where the LPT can be taken from here. There are considerations that may help the Minister to ultimately reach his decision on it. That deep-dive analysis, examining the potential impact and the number of properties passing the threshold of €1 million, is detailed work we have yet to undertake.