Pearse Doherty (Donegal, Sinn Fein)
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247. To ask the Minister for Finance the estimated full-year cost in 2021 of abolishing the local property tax and replacing the funding with central funds; and if he will make a statement on the matter. [18757/20]

Paschal Donohoe (Dublin Central, Fine Gael)
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Assuming the current system continues to operate as in 2020, Local Property Tax (LPT) would be expected to collect €485 million in 2021. These receipts would be lost if LPT was abolished.