Catherine Murphy (Kildare North, Social Democrats)
Link to this: Individually | In context | Oireachtas source

170. To ask the Minister for Finance the estimated yield in local property tax from strategic housing developments by county in each of the years 2021 to 2023. [47442/21]

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

I am advised by Revenue that data in respect of Local Property Tax (LPT) is captured at individual property, and Local Authority levels. Data in relation to strategic housing developments is not required for the efficient administration of the tax and consequently the information requested by the Deputy is not available.

Catherine Murphy (Kildare North, Social Democrats)
Link to this: Individually | In context | Oireachtas source

171. To ask the Minister for Finance the amount, by county, in forgone local property tax in respect of exempted properties from 2013 to date. [47443/21]

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

I am advised by Revenue that the table below sets out, in county order, the amount of Local Property Tax (LPT) that was foregone through exemptions for the current ‘valuation period’ (2013- 2021). The figures provided are based on valuations returned by property owners for their exempt properties.

It is important to note that properties built since 2013 are outside the scope of LPT in the current ‘valuation period’ and as such are not included in the exemptions data. The Finance (Local Property Tax) (Amendment) Act 2021 provides that new properties built during the next ‘valuation period’ (2022-2025) will be brought into charge for LPT each November.

Further statistical information on exempted properties and LPT more generally is provided on the Revenue website, with new information published both quarterly and annually, which may be of interest to the Deputy.

Pearse Doherty (Donegal, Sinn Fein)
Link to this: Individually | In context | Oireachtas source

172. To ask the Minister for Finance if the lapsing of the bank levy at the end of 2021 has been factored into the revenue projections for each of the years 2022, 2023, 2024 and 2025; if revenue raised from extending the bank levy to 2022 will result in additional revenue in the context of Budget 2022; and if he will make a statement on the matter. [47455/21]

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

As legislated for in the Finance Act 2016, the Bank Levy is due to expire at end-2021.

The medium-term fiscal forecasts in the Summer Economic Statement contained a reduction in revenue from 2022 to take into account the expiration of the levy.

Any decision on whether to extend the Bank Levy will be made in the context of Budget 2022. Should the measure be continued, it would result in additional revenue and forecasts will be updated accordingly.

Jennifer Whitmore (Wicklow, Social Democrats)
Link to this: Individually | In context | Oireachtas source

173. To ask the Minister for Public Expenditure and Reform if he will provide a full breakdown of the revenue generated by the carbon tax under the heading of continuation of 2020 carbon tax investment programme; and if he will make a statement on the matter. [47245/21]

Michael McGrath (Cork South Central, Fianna Fail)
Link to this: Individually | In context | Oireachtas source

Matters in relation to revenue generated by taxation measures, including the carbon tax, are a matter for the Minister for Finance. However, I will note that alongside Budget 2021, my Department published a paper that detailed how much the carbon tax is expected to raise in 2021, the allocation of the resulting funds in line with the Programme for Government commitments, as well as detail on the specific programmes receiving funding. The document remains available at the following location: budget.gov.ie/Budgets/2021/Documents/Budget/Carbon%20tax%20document.pdf 

Questions in relation to the operation of these programmes should be directed to the Minister responsible for the programme in question.