Dáil Éireann Debate, Wednesday - 1 July 2026
139. Deputy Pearse Doherty asked the Tánaiste and Minister for Finance further to Parliamentary Question Nos. 744, 745, 746, 747 of 29 July 2025, to provide updated figures in relation to the cost of abolishing local property tax excluding the LPT paid by local authorities and AHBs and all landlords (second and more properties). [50233/26]
View answerI am advised by Revenue that it is not possible to isolate properties owned by landlords in the LPT return data as this information is not required for the administration of the tax. Additionally, it is not possible to identify the principal private residence from other properties owned by a multi-property owner. As such, the estimate below reflects all properties owned by multiple property owners rather than of second or more properties owned by landlords.
I am advised by Revenue that the cost of abolishing Local Property Tax (LPT) with the gradual exclusion of Local Authority (“LA”) and Approved Housing Bodies (“AHB”) owned properties, multi property owners, and properties valued above €1,050,000 is provided in the table below. These costings are based on the year 2026 and data as of March 2026.
I am further advised by Revenue that the grouping of LA and AHB refers specifically to the exclusion of 31 LAs and 7 of the largest AHBs.
|
LPT Scenarios |
Cost € Million(s) |
|
Abolish LPT |
557 |
|
Abolish LPT - excluding Local Authority/AHB owned properties |
537 |
|
Abolish LPT - excluding Local Authority/AHB owned properties, multi property owners |
389 |
|
Abolish LPT - excluding Local Authority/AHB owned, multi property owners, and properties valued above €1,050,000. |
360 |
