Michael Ring (Mayo, Fine Gael)
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126. To ask the Minister for Finance when a person (details supplied) in County Mayo will receive a decision from the Revenue Commissioners on their request for rebate regarding their local property tax under Section 26 of the Property Act; and if he will make a statement on the matter. [55168/13]

Michael Noonan (Limerick City, Fine Gael)
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I am informed by Revenue that Local Property Tax (LPT) is a self-assessed tax and it is up to the property owner to calculate the amount of tax due based on his/her assessment of the market value of the property at 1 May 2013. If a liable person places an incorrect value on his/her property due to a genuine error or mistake, and as a consequence overpays the amount of LPT due, then Section 26 of the Finance (Local Property Tax) Act 2012 (as amended) provides that a claim for a refund of the overpaid amount may be made to Revenue, providing evidence for the revised valuation can be provided. In the case raised by the Minister of State, a form LPT 1 was filed in April in respect of 2013 indicating ‘Band 2’ as the appropriate valuation band. An amount of €112 was also paid, which is the correct amount in respect of ‘Band 2’ for the 2013 half-year.

A request to revise the valuation to ‘Band 1’ was received by Revenue in late October 2013. The request was supported with appropriate documentation confirming ‘Band 1’ as the correct valuation band.

Revenue has examined the information provided by the person and has confirmed to me that the valuation band has been amended from ‘Band 2’ to ‘Band 1’. Revenue has also confirmed that an overpayment of €67 will be refunded within the coming days as the LPT liability in respect of 2014 has already been paid.