Written answers
Wednesday, 26 July 2017
Department of Finance
Property Tax
Richard Boyd Barrett (Dún Laoghaire, People Before Profit Alliance)
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156. To ask the Minister for Finance the full year cost of abolishing the local property tax. [36296/17]
Paschal Donohoe (Dublin Central, Fine Gael)
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I am informed that the estimated cost of abolishing the Local Property Tax (LPT) in 2018 would be in the order of €460 million, based on my Department’s latest official forecast of LPT receipts for next year.
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