Written answers

Wednesday, 15 January 2014

Department of Finance

Property Taxation Administration

Photo of Michael Healy-RaeMichael Healy-Rae (Kerry South, Independent)
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100. To ask the Minister for Finance in respect of the property tax collected in County Kerry in 2013, the amount that was given back to the local authority to use for improving services for the people in County Kerry; and if he will make a statement on the matter. [1283/14]

Photo of Michael NoonanMichael Noonan (Limerick City, Fine Gael)
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I am informed by the Revenue Commissioners that compliance data in relation to the Local Property Tax (LPT) for 2013 are available broken down by city and county councils nationally and the most up to date figures are published on the Commissioners website at: . As of 6 November 2013, a total of €6.6 m in LPT had been paid in County Kerry.

The Commissioners will publish 2013 year-end compliance data shortly.

The Commissioners have confirmed that by the end of December 2013 €318m had been transferred by Revenue to the Exchequer in respect of LPT.

Section 157 of the Finance (Local Property Tax) Act 2012, as amended, provides that, in each financial year commencing with 2014, the Minister shall pay from the Central Fund or the growing produce thereof into the Local Government Fund an amount equivalent to the Local Property Tax, including any interest paid thereon, paid into the Central Fund during that year.

Accordingly, receipts from the Local Property Tax received in 2013 will remain in the Exchequer and will be used to meet the many expenditure obligations faced by the State. The allocation to the Local Government Fund for 2013 had already been decided before the Local Property Tax commenced.

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