Kevin Humphreys (Dublin South East, Labour)
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120. To ask the Minister for Finance the current compliance rate for the local property tax; and if he will make a statement on the matter. [36284/13]

Michael Noonan (Limerick City, Fine Gael)
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I am advised by the Revenue Commissioners that in excess of 1.56 million Local Property Tax (LPT) Returns were filed up to the end of June 2013 and approximately €126.5m had been transferred by Revenue to the Exchequer. I am further advised that returns are still being submitted by property owners and the number filed is now 1.57 million. In addition, arrangements are well progressed for local authorities and social housing bodies to file Returns for approximately 160,000 residential properties that they own.

Work on the LPT Register will continue for some time to determine the precise number of residential properties in the State. For that reason, it is not possible to provide an accurate compliance rate. However, Revenue’s working assumption is that approximately 1.95 million residential properties are liable for LPT and, on that basis, the compliance rate is almost 89%.