Thomas Gould (Cork North Central, Sinn Fein)
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188. To ask the Minister for Finance the amount levied under the vacant homes tax to date in 2023; and the number of properties this has been levied against by county, in tabular form. [46139/23]

Michael McGrath (Cork South Central, Fianna Fail)
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As the Deputy is aware, the Vacant Homes Tax is a new measure announced in Budget 2023, which aims to increase the supply of homes for rent or purchase to meet demand. Legislative provision for the tax was made in the Finance Act 2022. The first chargeable period commenced on 1 November 2022. The first self-assessed returns are due on 7 November this year and the tax will be payable on 1 January 2024. Therefore, there is no data available yet in respect of the revenue that will be collected.

The number of properties in scope and tax payable will depend on the self-assessed returns submitted by property owners, the number of properties declared as liable and the number of property owners entitled to claim exemption from the tax.