Written answers

Tuesday, 21 May 2013

Department of Finance

Property Taxation Collection

Photo of Michael ColreavyMichael Colreavy (Sligo-North Leitrim, Sinn Fein)
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92. To ask the Minister for Finance the number of returns as a percentage of liable households that have been received to date by the Revenue Commissioners for the local property tax; the value of the outstanding liable payments; and the expected outturn if there was 100% compliance. [23964/13]

Photo of Michael NoonanMichael Noonan (Limerick City, Fine Gael)
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I am informed by the Revenue Commissioners that Local Property Tax (LPT) Returns, personalised letters and an LPT Guide have issued to owners of 1.66 million residential properties either by post or by way of their ROS (Revenue Online Service) inbox. The Commissioners have confirmed that in excess of 948,522 LPT Returns have been filed up to close of business on Monday, 20 May 2013. This represents 57% of the total Returns issued. Of the returns received, 657,157 we re filed electronically and 291,365 were paper returns.

According to Budget estimates the LPT is expected to generate an overall yield of €250 million in 2013 and €500 million in 2014. Up to the end of April 2013, approximately €22 million had been collected.

As the Deputy will appreciate, with returns being filed on a constant basis, the Commissioners' focus is on processing the returns, dealing with correspondence, telephone calls and payment processing. It would not be practical or particularly useful for the Revenue Commissioners to carry out detailed analysis on the final filing rate for liable residential properties, the value of the outstanding liable payments or the expected outturn until after the online filing deadline of 28 May 2013 has passed.

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