Seán Fleming (Laois-Offaly, Fianna Fail)
Link to this: Individually | In context | Oireachtas source

45. To ask the Minister for Finance if he will provide the form specified by the Revenue Commissioners in respect of a notification to be sent to them under section 21 arising from a resolution referred to in section 20(2) of the Finance (Local Property Tax) Act 2012; and if he will make a statement on the matter. [24950/14]

Michael Noonan (Limerick City, Fine Gael)
Link to this: Individually | In context | Oireachtas source

Section 20 of the Finance (Local Property Tax) Act 2012 (as amended) allows elected members of a local authority to pass a formal resolution to vary the basic rate of Local Property Tax (LPT) in respect of residential properties situated within their functional area. The basic LPT rate can be increased or decreased by up to 15%. This is referred to as the "local adjustment factor" (LAF) and the earliest year that this can apply is 2015.

Local authorities are required under section 21 of the 2012 Act to notify Revenue on or before 30 September 2014 if they wish to vary the LPT rate that will apply in 2015.  I am advised by the Revenue Commissioners that, as part of their customer service and information campaign in relation to the LAF, they wrote to each City and County Manager at the end of March 2014 to remind all Managers of the deadline by which Revenue must be notified if their particular local authority wishes to vary the LPT rate for next year.  A copy of the letter in question will be sent directly to the Deputy.

I am also advised that the Commissioners will be writing to all City and County Managers again in advance of the September 2014 deadline specifying the details, which the Commissioners expect will be straightforward, that they require from local authorities in connection with the LAF.