Michael Moynihan (Cork North West, Fianna Fail)
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157. To ask the Minister for Finance his views on whether there would be merit in the possibility of an exemption from the local property tax for houses that were deemed to be of heritage value as a means of ensuring that the upkeep of these buildings can remain affordable by the easing of this tax; and if he will make a statement on the matter. [5317/14]

Michael Noonan (Limerick City, Fine Gael)
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The Government decided that a liability to the Local Property Tax (LPT) should apply to all owners of residential property with a limited number of exemptions.  Limiting the exemptions available allows the rate to be kept low for those liable persons who do not qualify for an exemption. While I am conscious that the upkeep of heritage properties is performed at significant effort and expense to the residents and owners of these properties, and that a very valuable contribution to our heritage is made by these persons, I do not intend to allow exemptions from LPT for listed properties.  Tax relief in respect of expenditure incurred on the repair, maintenance or restoration of approved buildings or gardens is currently available from income tax or corporation tax to the owner/occupier of such properties, along with certain limited grant aid.  I am satisfied that these are more appropriately targeted as a support in this instance.