Finance

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.

 

PUBLIC CONSULTATION

NOTICE OF CONSIDERATION OF SETTING A LOCAL ADJUSTMENT FACTOR FOR 2022

(LOCAL PROPERTY TAX)

Overview

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 2020, to consider this matter, the Members agreed to reduce the basic rate of Local Property Tax applicable within the County by 10%.  This reduction applies for a period of one year from the 1st November 2020 (liability date) to the 31st October 2021 and the 2021 Local Property Tax charge payable by property owners for 2021, within the County reflected this reduction.  The Local Property Tax rate reverts back to its original basic rate on the 1st November 2021, unless a further decision is made by the Elected Members to retain the existing variation or apply an alternative variation.

Why are we consulting?

The Council will meet to consider the setting of a Local Adjustment Factor for 2022.  Members must decide whether to retain the variation agreed in 2020, agree an alternative variation, or apply no variation.   

The Council welcomes submissions from the public on this matter specifically covering the potential effects of retaining the existing variation, or applying an alternative or no variation, on businesses, individuals and on local authority services.

Would you like to make a submission?

The period for submissions is from Wednesday 16th June  2021 to 12 noon Thursday 1st July 2021. 

You can make a submission by doing the following:-

All submissions, including the names and addresses of those making submissions to the Council, will form part of the statutorily required report to be presented to a meeting of Fingal County Council. They will also be included in the minutes of that meeting and will appear on the Council’s Website.

All comments, including the names and addresses of those making comments, submitted to the Council in regard to this consultation process will form part of the statutorily required report to be presented to a meeting of Fingal County Council. Accordingly they will also be included in the minutes of that meeting and consequently will appear on the Council’s Website.

 

All comments, including the names and addresses of those making comments, submitted to the Council in regard to this consultation process will form part of the statutorily required report to be presented to a meeting of Fingal County Council. Accordingly they will also be included in the minutes of that meeting and consequently will appear on the Council’s Website.