I propose to take Questions Nos. 209, 210, 211, 212 and 213 together.
Local Property Tax (LPT) is a self-assessed tax charged on the market value of residential properties in the State. LPT is collected by Revenue.
LPT is estimated to yield over €500 million in 2023. It is anticipated that the LPT yield will increase marginally annually, as new housing units are completed and enter the scope of the tax.
The Deputy may wish to note that Revenue publishes a comprehensive range of quarterly and annual statistics relating to LPT on its website, including information regarding exemptions from the tax, at www.revenue.ie/en/corporate/information-about-revenue/statistics/local-property-tax/index.aspx.
I am advised by Revenue that the tables below provide the collection amounts and payment compliance rates for the years 2013-2022. The Deputy may wish to note that 2022 figures are provisional and subject to revision.
Compliance rate (%)
LPT Compliance rate
Local Property Tax Collection Amounts (€m)
LPT Collection amounts(€)