Written answers

Tuesday, 8 July 2014

Department of Finance

Property Taxation Data

Photo of Jim DalyJim Daly (Cork South West, Fine Gael)
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191. To ask the Minister for Finance the total number of local property tax returns filed under bands 1 and 2, that is, property value of €150,000 or less; the number of these returns that relate to principle private residences; and if he will make a statement on the matter. [29496/14]

Photo of Stephen DonnellyStephen Donnelly (Wicklow, Independent)
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193. To ask the Minister for Finance if he will provide in tabular form the projected total and per capita local property tax takes for 2014 by local authority. [29595/14]

Photo of Michael NoonanMichael Noonan (Limerick City, Fine Gael)
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I propose to take Questions Nos. 191 and 193 together.

I am informed by the Revenue Commissioners that compliance data in relation to the Local Property Tax (LPT) is available broken down by city and county councils nationally and the most up to date figures for LPT collected in 2013 and 2014 were published on 16 April 2014 on the Commissioners' website at: . The report also provides a breakdown of the percentage distribution of properties across the 20 valuation bands nationally (based on Returns filed for 2013) and shows that about 54% of all residential properties were valued on a self-assessment basis at €150,000 or less. This equates to about 886,000 properties. This figure does not include local authority (or similar) owned properties which are deemed to be valued, under LPT legislation, in LPT Valuation Band 1.

While the vast majority of Band 1 and 2 properties would be principal private residences, I am informed by the Commissioners that further analysis would be required to provide an exact figure. The Commissioners have confirmed that by the end of December 2013, €318m had been transferred by Revenue to the Exchequer in respect of LPT. Of this amount, €242m was in respect of LPT for 2013 and €76m relates to 2014 LPT. By the end of June 2014, a further €310m was transferred by Revenue to the Exchequer. The Commissioners advise that they do not have per capita figures as data are not held on that basis. Projected LPT for 2014, broken down by local authority, is not currently available. The Commissioners have also confirmed that more up-to-date data and analysis will be published shortly.

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