Fiona O'Loughlin (Kildare South, Fianna Fail)
Link to this: Individually | In context | Oireachtas source

82. To ask the Minister for Finance if he will review the case of a person (details supplied); and if he will make a statement on the matter. [30794/17]

Paschal Donohoe (Dublin Central, Fine Gael)
Link to this: Individually | In context | Oireachtas source

Local Property Tax (LPT) is a self-assessed tax, which places the onus on the property owner to calculate the tax due based on his/her calculation of the market value of the property.

A property owner who subsequently considers the 2013 self-assessed valuation to be too high can apply directly to Revenue’s LPT Branch to have it amended downwards. The application must include supporting evidence setting out why the original valuation is thought to be excessive. The supporting evidence should include;

- copy of a professional valuation at 1 May 2013 or,

- information on property sales for comparable properties in the local area around 1 May 2013, for example from the Residential Property Price Register at www.propertypriceregister.ie or,

- details of advertised house prices for comparable properties in the area around 1 May 2013, for example from www.daft.ie or www.myhome.ie or,

- documented information on any house prices survey in the area reflecting values around 1 May 2013.

The person in question filed the statutory LPT return in 2013 confirming the value of the property to be in Valuation Band 4.

Revenue has advised me that the LPT team recently made direct contact with the person in question and advised them on the type of documentary evidence needed in support of a reduction in valuation. The documentary evidence has since been received on foot of which the valuation has been reduced to Valuation Band 2. The person has been advised of the reduction and is now considering their payment options in regard to the reduced liability.