Written answers
Tuesday, 29 July 2025
Department of Finance
Local Property Tax
Pearse Doherty (Donegal, Sinn Fein)
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744. To ask the Minister for Finance the cost of abolishing local property tax assuming the Exchequer replaces all revenue for local authorities. [43866/25]
Pearse Doherty (Donegal, Sinn Fein)
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745. To ask the Minister for Finance the cost of abolishing local property tax excluding the LPT paid by local authorities [43867/25]
Pearse Doherty (Donegal, Sinn Fein)
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746. To ask the Minister for Finance the cost of abolishing local property tax excluding the LPT paid by local authorities and AHBs and all landlords (second and more properties). [43868/25]
Pearse Doherty (Donegal, Sinn Fein)
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747. To ask the Minister for Finance the cost of abolishing local property tax excluding the LPT paid by local authorities and AHBs, all landlords (second and more properties) and properties valued above €1,050,000. [43869/25]
Paschal Donohoe (Dublin Central, Fine Gael)
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I propose to take Questions Nos. 744 to 747, inclusive, together.
I am advised by Revenue that the cost of abolishing Local Property Tax (LPT) with the gradual exclusion of local authority/AHB owned properties, multi property owners, and properties valued above €1,050,000 is provided in the table below. Theses costings are based on the year 2025.
The principal private residence is not separately identified on the LPT return and the estimate below reflects all properties owned by multiple property owners.
LPT Scenarios | Cost €m |
---|---|
Abolish LPT | 554 |
Abolish LPT - excluding Local Authority/AHB owned properties | 537 |
Abolish LPT - excluding Local Authority/AHB owned properties, multi property owners | 375 |
Abolish LPT - excluding Local Authority/AHB owned, multi property owners, and properties valued above €1,050,000. | 352.7 |
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