Mr. John Hogan:

The parameters under which the property tax will operate always remain a policy choice for the Minister for Finance. Earlier, I reflected on some very good work done by the initial Thornhill group and then by the second Thornhill iteration. We think that many of the issues have been explored in terms of the two exercises that were conducted in 2012 and 2015. Indeed, when I look at the 2015 Thornhill report, a number of the options remain live in terms of the choices that we and the Minister have regarding what happens with the revaluation exercise.

In terms of the additional recommendations of the Thornhill group, the Government at the time adopted two of the 13 recommendations. Another 11 recommendations will be the subject of more in-depth analysis by the review group in the coming weeks and months. That will form a very central part of our work as we move forward and make those recommendations to the Minister post-summer.