Written answers
Tuesday, 1 October 2019
Department of Finance
Property Tax Data
Robert Troy (Longford-Westmeath, Fianna Fail)
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150. To ask the Minister for Finance the revenue generated in each year since the introduction of the local property tax under the penalty charge to self-employed for non-payment in tabular form. [39835/19]
Paschal Donohoe (Dublin Central, Fine Gael)
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I am advised by Revenue that surcharges have been raised in just over 62,000 cases since LPT commenced, of which approximately 70% were mitigated following remedial action by the property owners. The total amount surcharged to date is €5.5m, including in respect of arrears of Household Charge (HHC). The year by year breakdown between Income Tax (IT), Corporation Tax (CT) and Capital Gains Tax (CGT) is set out in the table below (the surcharged amount becomes a liability in the relevant IT, CT or CGT tax-head rather than in LPT/HHC).
| Period | IT surcharges Paid €,000 | CT Surcharges Paid €,000 | CGT Surcharges Paid €,000 | Total Surcharge Amount Paid €,0000 |
|---|---|---|---|---|
| 2012 | 370 | 370 | ||
| 2013 | 770 | 33 | 129 | 932 |
| 2014 | 1030 | 72 | 85 | 1187 |
| 2015 | 992 | 13 | 93 | 1098 |
| 2016 | 780 | 121 | 96 | 997 |
| 2017 | 654 | 48 | 68 | 770 |
| 2018 | 79 | 25 | 9 | 113 |
| Total | 4,675 | 312 | 480 | 5.470 |
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