Written answers

Tuesday, 26 September 2023

Photo of Catherine MurphyCatherine Murphy (Kildare North, Social Democrats)
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155. To ask the Minister for Finance the number of exemptions in respect of local property tax, and the number of deferrals sought and granted in respect of local property tax, in 2022 and to date in 2023; the value of LPT forgone as a consequence; and if he will provide the information in tabular form. [40956/23]

Photo of Michael McGrathMichael McGrath (Cork South Central, Fianna Fail)
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I am advised by Revenue that the available information in respect of the number of Local Property Tax exemptions and deferrals claimed for the year 2022 is published on the Revenue website at: www.revenue.ie/en/corporate/documents/statistics/lpt/lpt-stats-update-120723.pdf.

For the year 2022, the estimated Local Property Tax foregone as a result of exemptions is approximately €5.4 million. For the same period, the estimated tax forgone as a result of deferrals is approximately €2.9 million.

For the year 2023, information in respect of exemptions and deferrals claimed and the revenue foregone associated with deferrals is available in the most recent LPT Quarterly Report at:www.revenue.ie/en/corporate/documents/statistics/lpt/lpt-stats-update-140723.pdf.

An update of this information will be published in the coming weeks. The estimated Local Property Tax foregone as a result of exemptions in 2023 is approximately €5.3 million to date.

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