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Joint Oireachtas Committee on Agriculture, Food and the Marine: Coillte's Annual Report for 2016 and Climate Change: Discussion (12 Dec 2017)

Richard Boyd Barrett: I wish to follow up on the last few questions. The witnesses are claiming a record number of trees being planted, with an increase of 30%. A figure was quoted in regard to how much of that is new forestry, but the figures for afforestation nationally are very poor. They are well below the set targets. A witness mentioned a figure of 14% that is being discussed with the Government and how...

Joint Oireachtas Committee on Agriculture, Food and the Marine: Coillte's Annual Report for 2016 and Climate Change: Discussion (12 Dec 2017)

Richard Boyd Barrett: That works out about right. Mr. McCarthy said there was half a million acres. If I remember correctly, he said half of that would require substantial investment to bring it on, and the rest was not viable in any sense. I would like to hear more about that. What somebody might consider commercially viable from a narrow commercial point of view is not necessarily unviable from an...

Joint Oireachtas Committee on Agriculture, Food and the Marine: Coillte's Annual Report for 2016 and Climate Change: Discussion (12 Dec 2017)

Richard Boyd Barrett: Has Coillte planted them?

Joint Oireachtas Committee on Agriculture, Food and the Marine: Coillte's Annual Report for 2016 and Climate Change: Discussion (12 Dec 2017)

Richard Boyd Barrett: On deforestation, holistically, if one works out the maths on this, significant questions arise over these large wind farms when one adds in construction costs, particularly if it includes cutting trees down. Up to 15,000 ha have gone in the past seven years.

Joint Oireachtas Committee on Agriculture, Food and the Marine: Coillte's Annual Report for 2016 and Climate Change: Discussion (12 Dec 2017)

Richard Boyd Barrett: The Environmental Protection Agency, EPA, report referred to 15,000 ha of deforestation over the past seven years for wind farms, roads and other developments. It was not all down to Coillte but it was significant. Only 70 ha were afforested at the same time. One sees the maths. Against that background of deforestation, the rate of afforestation is minimal. Is it a good idea to hand over...

Committee on Budgetary Oversight: Revaluation of Local Property Tax and Commercial Stamp Duty: Revenue Commissioners (12 Dec 2017)

Richard Boyd Barrett: The estimates of what a revaluation might look like are based on a review in 2015. Is that correct?

Committee on Budgetary Oversight: Revaluation of Local Property Tax and Commercial Stamp Duty: Revenue Commissioners (12 Dec 2017)

Richard Boyd Barrett: This week the Central Statistics Office, CSO, estimated property prices in Dublin have increased since 2013, the year of the original valuation, by 86%. The Thornhill review is based on a rise in property prices of 26% nationally and 41% in Dublin. The CSO, however, stated the increase is actually 86%, more than double the valuation on which Thornhill operated. If the latter increase is...

Committee on Budgetary Oversight: Revaluation of Local Property Tax and Commercial Stamp Duty: Revenue Commissioners (12 Dec 2017)

Richard Boyd Barrett: Even as it stands, based on 2015 prices which in Dublin were less than half what they are now, 52% of households saw a jump of either one band or two. It would be safe to say that, if the CSO figures are correct, property prices have jumped to the extent that the overwhelming majority - we already had a majority in 2015 - will jump at least one band, if not two and, potentially, three. Is...

Committee on Budgetary Oversight: Revaluation of Local Property Tax and Commercial Stamp Duty: Revenue Commissioners (12 Dec 2017)

Richard Boyd Barrett: Is the Department of Finance suggesting that Revenue should update its estimates of the potential impact of property tax increases based on current property valuations?

Committee on Budgetary Oversight: Revaluation of Local Property Tax and Commercial Stamp Duty: Revenue Commissioners (12 Dec 2017)

Richard Boyd Barrett: How long would working out projections and estimates take?

Committee on Budgetary Oversight: Revaluation of Local Property Tax and Commercial Stamp Duty: Revenue Commissioners (12 Dec 2017)

Richard Boyd Barrett: What proportion of payments are deferred?

Committee on Budgetary Oversight: Revaluation of Local Property Tax and Commercial Stamp Duty: Revenue Commissioners (12 Dec 2017)

Richard Boyd Barrett: Does an exemption mean the householder is not required to pay at all?

Committee on Budgetary Oversight: Revaluation of Local Property Tax and Commercial Stamp Duty: Revenue Commissioners (12 Dec 2017)

Richard Boyd Barrett: Is the number of deferrals fairly steady since the tax came in or is it increasing?

Committee on Budgetary Oversight: Revaluation of Local Property Tax and Commercial Stamp Duty: Revenue Commissioners (12 Dec 2017)

Richard Boyd Barrett: Is the number of deferrals increasing?

Committee on Budgetary Oversight: Revaluation of Local Property Tax and Commercial Stamp Duty: Revenue Commissioners (12 Dec 2017)

Richard Boyd Barrett: Are most of those deferrals anything to do with an inability to pay?

Committee on Budgetary Oversight: Revaluation of Local Property Tax and Commercial Stamp Duty: Revenue Commissioners (12 Dec 2017)

Richard Boyd Barrett: Up to 95,000 deferrals-----

Committee on Budgetary Oversight: Revaluation of Local Property Tax and Commercial Stamp Duty: Revenue Commissioners (12 Dec 2017)

Richard Boyd Barrett: Rather, it is 62,000 and that figure is rising. Their incomes are too low for them to be able to pay that tax. How much, on average, do they owe? What is the cumulative figure of what they might owe?

Committee on Budgetary Oversight: Revaluation of Local Property Tax and Commercial Stamp Duty: Revenue Commissioners (12 Dec 2017)

Richard Boyd Barrett: There are no figures on how much they might owe.

Committee on Budgetary Oversight: Revaluation of Local Property Tax and Commercial Stamp Duty: Revenue Commissioners (12 Dec 2017)

Richard Boyd Barrett: It would be useful to get a breakdown of how much could be owed both in totality and aggregate and what the average figures in terms of liability might be. Has any analysis been done or would it be possible to do an analysis when Revenue is estimating a revaluation of the impact that might have, how much the increases in the tax would be, how many people would move from one band to another...

Committee on Budgetary Oversight: Revaluation of Local Property Tax and Commercial Stamp Duty: Revenue Commissioners (12 Dec 2017)

Richard Boyd Barrett: I suggest to the Chairman that such a proposal would be a good idea. Regardless of what one might think of the local property tax, that would be useful information for us to have and we could recommend that.

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