Dáil debates

Thursday, 23 November 2017

Finance Bill 2014: Report Stage (Resumed) and Final Stage

 

6:05 pm

Photo of Paul MurphyPaul Murphy (Dublin South West, Solidarity) | Oireachtas source

I move amendment number 52:

In page 47, after line 35, to insert the following:
"Chapter 7

Landlords’ Tax
35.The Minister shall, within 6 months of the passing of this Act, bring a report on abolishing the Local Property Tax and replacing it with a Landlords’ Tax of €600 per annum on a second home and €1000 per annum on a third and all subsequent homes.".

Again, I will not take a long time discussing this amendment. We are calling for a report on abolishing the local property tax, which is in reality a home tax, and replacing it with a so-called landlords' tax of €600 per annum on a second home and €1,000 per annum on a third and all subsequent homes. The tax would not raise enough to cover the entire cost of scrapping the local property tax but it would cover over half that cost. I do not believe the Minister will accept the amendment.

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