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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.

Ceisteanna - Questions: Brexit Negotiations (12 Dec 2017)

Richard Boyd Barrett: There has been consensus in this House about the need, whatever negotiations and disputes may be happening between the United Kingdom and the European Union, to maintain the position of having no hard border and to get those commitments. We saw from David Davis' comments that the British Government cannot be fully trusted and the constant repetition of "nothing is agreed until everything is...

Ceisteanna - Questions: Departmental Operations (12 Dec 2017)

Richard Boyd Barrett: Does that mean that the questions about the EU will be taken tomorrow?

Ceisteanna - Questions: Brexit Negotiations (12 Dec 2017)

Richard Boyd Barrett: 15. To ask the Taoiseach if he will report on his recent conversations with Prime Minister May. [52956/17]

Order of Business (12 Dec 2017)

Richard Boyd Barrett: I attended a meeting this morning in the Mansion House at which trade unions, political parties and housing NGOs gathered to express their frustration at the failure of Government policies to live up to the programme for Government commitments to provide affordable, quality and accessible housing for all as a priority and to work with others with good ideas. The gathering, which included...

Order of Business (12 Dec 2017)

Richard Boyd Barrett: Will the Taoiseach admit the policies have failed and listen to those who are now gathering to protest against the Government's policies?

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