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
Michael McGrath (Cork South Central, Fianna Fail)
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If one divides the €470 million in LPT receipts by 1.9 million properties, the average LPT bill is approximately €250, which means the estimated additional revenue if this exemption is not renewed will be between €15 million and €20 million.