Written answers

Tuesday, 4 October 2022

Photo of Catherine MurphyCatherine Murphy (Kildare North, Social Democrats)
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215. To ask the Minister for Finance the total yield for local property tax by local authority for 2021 and to date in 2022; the difference in the number of properties included between each year in tabular form; and if he will make a statement on the matter. [47899/22]

Photo of Paschal DonohoePaschal Donohoe (Dublin Central, Fine Gael)
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I am advised by Revenue that a breakdown of Local Property Tax (LPT) collected for the year 2021 is available in the LPT annual report available at: www.revenue.ie/en/corporate/information-about-revenue/statistics/local-property-tax/lpt-stats/end-of-year-reports/local-property-tax-2021.aspx.

Information in respect of the yield for 2022 is updated regularly at www.revenue.ie/en/corporate/information-about-revenue/statistics/local-property-tax/lpt-stats-2022/index.aspx.

The LPT yield is estimated to be €490 million for the year 2022, when all payments have been received. This estimate is provisional and likely to be revised.

A breakdown of properties for the years 2021 and 2022 is provided below. The figures provided include exempt/deferred properties, new and rolled forward payment instructions, Local Authority owned properties and properties where mandatory deduction at source is in place.

Properties Returned/Payment Compliant 2021(000’s) Properties Returned/Payment Compliant 2022(000’s)
1,861 1,955

The Deputy may wish to note that, in line with the Programme for Government commitment, the Finance (Local Property Tax) (Amendment) Act 2021 provided for a number of changes to LPT, which took effect for 2022, including reducing the rate of the tax and widening the bands to make the changes affordable for most homeowners; ending a number of exemptions from the tax; and bringing properties that were previously exempt or falling outside the tax into scope.

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