Local Property Tax

Local Property Tax (LPT) is a tax payable on the market value of residential property. The charge which is administered and collected by the Revenue Commissioners, came into effect on the 1 July 2013. A half-year payment was due in 2013, with a full-year payment due from 2014 onwards.

Consideration of Setting a Local Adjustment Factor for 2017

The Finance (Local Property Tax) Act 2012 (as amended), makes specific provision that Elected Members of a local authority may pass a formal resolution to vary the basic rate of the Local Property Tax for their administrative area by a percentage known as the Local Adjustment Factor.
This means that Fingal County Council can increase or decrease the basic rate of the Local Property Tax within the County by a maximum of +/-15%, or leave it unaltered.

At the meeting of Fingal County Council held on 14TH September 2015, to consider this matter, the Members agreed to reduce the basic rate of Local Property Tax applicable within the County by 15%. This reduction applies for a period of one year from the 1st November 2015 (liability date) to the 31st October 2016 and the 2016 Local Property Tax charge payable by property owners for 2016, within the County reflected this reduction. The Local Property Tax rate reverts back to its original basic rate on the 1st November 2016 unless a further decision is made by the Elected Members to retain the existing variation or apply an alternative variation.

A Public Consultation process in relation to the Consideration of Setting a Local Adjustment Factor for 2017 was held between 27th June 2016 and 29th July 2016 and submissions were invited from the public.

The Council will meet in September 2016 to consider the setting of a Local Adjustment Factor for 2017. Members must decide whether to retain the variation agreed in 2015, agree an alternative variation, or apply no variation. The submissions received as part of the Public Consultation process will be considered by the members at this meeting.