Martin Daly (Roscommon-Galway, Fianna Fail)
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338. To ask the Minister for Finance to provide details on the increase in tax revenue generated from landlords over the past three years, considering the significant rise in home rental costs during the same period; specifically, to clarify whether the growth in rental income has led to a proportionate increase in income tax from rental profits; and to outline any measures being considered to promote tax equity within the rental sector. [54685/25]

Paschal Donohoe (Dublin Central, Fine Gael)
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I am informed by Revenue that income tax liability is calculated on taxpayers’ total income from all sources, rather than being separately calculated for each source of income (such as rental income) and having regard to any relevant reliefs or credits. For this reason, it is not possible to identify tax paid arising from rental income alone.

However, the Deputy may be interested to note that publications which outline the total amount of rental income and total net profit declared by year for 2016-2022, broken down by residential and commercial properties, are available at the following link:

www.revenue.ie/en/corporate/information-about-revenue/statistics/income-distributions/rental-income.aspx.

I am further informed by Revenue that the data for 2023 will be published shortly at the same link. Self-employed taxpayers will file their 2024 tax returns (Form 11) no later than 31 October 2025, with an extension for ROS filers until 19 November 2025. Data for 2024 will be available when these returns have been processed and fully analysed.

Robert O'Donoghue (Dublin Fingal West, Labour)
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339. To ask the Minister for Finance if homeowners in the Fingal west area whose properties have been affected by defective blocks, and who have not yet received compensation under the defective concrete blocks scheme, may apply to have their local property tax (LPT) liability reassessed; if he will make provision for such homeowners to have their LPT valuation reviewed given the significant loss of resale value and structural integrity of their homes; and if he will make a statement on the matter. [54700/25]

Paschal Donohoe (Dublin Central, Fine Gael)
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Local Property Tax (LPT) is a self-assessed tax. It is a matter for every property owner to calculate the tax due on their property based on their assessment of its market value.

The existence of defective concrete blocks in the construction of a property can have a negative effect on its market value. Accordingly, where property owners have experienced a significant loss of resale value for this reason, this can be reflected when they select their valuation band. Taxpayers will be able to identify their appropriate band when filing their LPT return, which must be submitted by 7 November 2025.

The next valuation period for LPT is from 2026 to 2030. The LPT charge for this valuation period is based on the property owner’s valuation of their property as at 1 November 2025. All property owners, including those in Fingal west, will be able to determine the appropriate valuation band for their property based on the market value on 1 November 2025.

The Finance (Local Property Tax) Act 2012 (as amended) also provides for an exemption from LPT for certain properties that have been affected by the use of defective concrete blocks in their construction. This exemption will apply if an insurance company, or the builder who built the property, has carried out the necessary remediation work or has provided sufficient funds to carry out this work to the required standard. It will also apply if the property is eligible for the Defective Concrete Blocks Grant Scheme administered by Clare, Limerick, Sligo, Mayo and Donegal County Councils. Property owners may apply to Revenue if they believe they meet the qualifying conditions for this exemption.

The LPT legislation provides for the possibility of deferring the charge to LPT in certain circumstances to assist individuals who may have difficulty paying the tax. A qualifying person may opt to defer, or partially defer, payment of the tax. Where a person qualifies for a full deferral then 100% of the liability can be deferred. Where a person qualifies for partial deferral, then 50% of the liability can be deferred. The balance of 50% of the tax must be paid. The deferred tax remains as a charge on the property and must be paid before a sale or transfer can be completed. Interest is charged at 3% per annum on the deferred amount.

Next year, the income thresholds will be €25,000 for a single person and €40,000 for a couple to qualify for a full deferral. The income thresholds to qualify for a partial deferral will be €40,000 for a single person and €55,000 for a couple.

It is also possible to apply for a deferral on the grounds of hardship if a person suffers an unexpected and unavoidable significant loss or expense as a result of which a person cannot pay their LPT liability without suffering financial hardship. Further information regarding the deferral of LPT is available on the Revenue website at: www.revenue.ie/en/property/local-property-tax/deferral-of-payment/index.aspx.

Any property owners experiencing financial difficulties can avail of a wide range of flexible payment options both in respect of their LPT liabilities and for any previous years where liabilities remain outstanding. The full range of payment options, which includes phased arrangements, are available to property owners on the Revenue website at: www.revenue.ie/en/property/local-property-tax/paying-your-lpt/index.aspx.

Finally, property owners experiencing difficulties in meeting their LPT obligations can contact Revenue through MyAccount at www.revenue.ie or by calling the LPT helpline (01) 7383626.