A fifth of homes could face higher property tax - new report - News Summed Up

A fifth of homes could face higher property tax - new report


Almost a fifth of people could see an increase in their Local Property Tax (LPT) under one option in a report on the levy being considered by Cabinet today. However, it is expected to be decided by Cabinet that any changes to the LPT will be deferred for another year. The decision to postpone any decision on property tax kicks the politically contentious question past the local elections and also probably past the next general election. The report is said to outline a number of proposed options for dealing with the tax, from cutting the rate to widening the bands. Property tax rates have been frozen since 2013 and a decision was made in 2016 to keep them at current levels until November 2019.


Source: The Irish Times April 02, 2019 11:37 UTC



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