Michael McGrath (Cork South Central, Fianna Fail)
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144. To ask the Minister for Finance the amount of local property tax due for 2014 that has already been collected at the end of November 2013; and if he will make a statement on the matter. [52895/13]

Michael Noonan (Limerick City, Fine Gael)
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Initial forecasts for Local Property Tax (LPT) receipts envisaged a yield of €250m for 2013 and €500m in 2014. In light of taxpayer payment patterns for the 2013 liability, the anticipated yield for 2013 was increased to €300 million to take account of potential payments in respect of 2014. I am advised by the Revenue Commissioners that by the end of November 2013, the total LPT that had been transferred to the Exchequer by Revenue amounted to approximately €287m. Of this amount, approximately €65m relates to 2014 LPT, with the balance of €222m relating to 2013 LPT.