Written answers
Thursday, 5 October 2023
Department of Finance
Tax Exemptions
Pádraig O'Sullivan (Cork North Central, Fianna Fail)
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128. To ask the Minister for Finance the value of uncollected local property tax in 2022 as a consequence of exemptions and deferrals; if he will provide the figure as a percentage of gross; and if he will make a statement on the matter. [42849/23]
Michael 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
As of July 2023, €510 million has been collected from all sources for the Local Property Tax year 2022. For the same period, the estimated Local Property Tax foregone as a result of exemptions is approximately €5.4 million. The estimated tax forgone as a result of deferrals is approximately €2.9 million.
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