Kevin Humphreys (Dublin South East, Labour)
Link to this: Individually | In context | Oireachtas source

To ask the Minister for Finance further to Parliamentary Question No. 198 of 27 March 2013, if he will confirm that his Department or the Revenue Commissioners have not prepared or received from other Departments or local authorities any estimates for the amount of local property tax that will be collected in the Dublin City Council administrative area; if his Department has estimates, if he will provide the figure projected for 2013; and if he will make a statement on the matter. [17329/13]

Kevin Humphreys (Dublin South East, Labour)
Link to this: Individually | In context | Oireachtas source

To ask the Minister for Finance if he will provide, in tabular form, by local authority area, a breakdown of the estimates that his Department or the Revenue Commissioners may have prepared or have possession of, of the local property tax that will be raised in each local authority in 2013 and 2014; and if he will make a statement on the matter. [17331/13]

Michael Noonan (Limerick City, Fine Gael)
Link to this: Individually | In context | Oireachtas source

I propose to take Questions Nos. 332 and 334 together.

According to Budget estimates the Local Property Tax is expected to generate an overall yield of €250 million in 2013 and €500 million in 2014. I am advised by the Revenue Commissioners that it is not possible to provide a breakdown of these estimates on a regional or administrative basis until Local Property Tax Returns are filed and payments made by liable persons and the results analysed. I would like to remind the Deputy that the relevant deadlines for filing Returns are 7 May for paper filers and 28 May for electronic filers.

Kevin Humphreys (Dublin South East, Labour)
Link to this: Individually | In context | Oireachtas source

To ask the Minister for Finance if he will confirm that Dublin City Council will retain 80% of the local property tax collected within that administrative area for 2013 and for 2014 respectively; and if he will make a statement on the matter. [17330/13]

Michael Noonan (Limerick City, Fine Gael)
Link to this: Individually | In context | Oireachtas source

Section 157 of the Finance (LPT) Act 2012 (as amended by the Finance (LPT) (Amendment) Act 2013) provides, that commencing in 2014, the Minister shall pay into the Local Government Fund an amount equivalent to the LPT (including any interest paid thereon) into the Central Fund or the growing produce thereof during that year. The allocation of funding to local authorities is properly a matter for the Department of the Environment, Community and Local Government. The Government has accepted, in principle, a policy position, to move towards 80% retention of all LPT receipts within the local authority area where the tax is raised, from next year. The remaining 20% of the LPT collected nationally will go to the Local Government Fund, which will continue to provide funding to local authorities on a needs and resources basis.