Donegal County Council is inviting submissions from members of the public on proposals to vary the basic rate of Local Property Tax in Donegal in 2016.
The Council wants to hear in particular, on the potential effects on households, individuals, businesses and on Council services.
Local Property Tax is an annual tax charged on all residential properties in Ireland and came into effect in 2013. Local authorities may vary the basic rate of Local Property Tax within its own area by a maximum of 15%.
For example, if a house is valued under €100,000, the Local Property Tax in 2015 would have been €90. If the Local Property Tax rate is increased by 15%, this house owner will pay €103.50 in 2016 and if the Local Property Tax rate is reduced by 15%, then this house owner will pay €76.50 in 2016.
The money collected under the Local Property Tax contributes towards the cost of providing a range of local Council services – an reduction in the rate of Local Property Tax will have an impact on the Council’s capacity to deliver these services.
Submissions should be made in writing and e-mailed to LPT@donegalcoco.ie or posted to Donegal County Council, LPT Submissions, County House, Lifford, Co. Donegal.
- Mon, 18 Nov 2024
- (+353) 07491 25000
- (+353) 086 60 25000