Written answers
Wednesday, 19 February 2014
Department of Finance
Property Taxation Application
Barry Cowen (Laois-Offaly, Fianna Fail)
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86. To ask the Minister for Finance if he has considered a 15% reduction in the local property tax rate across the board. [8479/14]
Michael Noonan (Limerick City, Fine Gael)
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The central national rates of LPT are 0.18% on values up to €1 million and 0.25% on any excess over €1 million. When I introduced the Finance (Local Property Tax) Bill to the House, I stated that the central rate would not vary for the lifetime of this Government. I have not considered any variation from this position.
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