Written answers
Tuesday, 22 September 2020
Department of Finance
Property Tax
Richard Boyd Barrett (Dún Laoghaire, People Before Profit Alliance)
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264. To ask the Minister for Finance the estimated full year cost of abolishing the local property tax. [25570/20]
Paschal Donohoe (Dublin Central, Fine Gael)
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I am informed by Revenue that assuming the current system continues to operate as in 2020, Local Property Tax (LPT) would be expected to yield €485 million in 2021. These receipts would be lost if LPT was abolished.
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