Mica-affected homes in Donegal and Mayo are to be exempt from the Local Property Tax (LPT), officials from the Department of Finance will confirm on Tuesday. “Local authorities currently have to pay local property tax on their own social housing stock and this is very unfair because local authorities like Cork City Council will lose large sums of money because of this. Cork City Council is paying over €900,000 into the Local Property Tax which is taking away the funding for services that are badly needed in Cork,” he said. “We oppose the local property tax doesn’t take into account ability to pay. Local authorities have been starved of funding since the abolition of the Block Grant and it leaves half the Local Authorities in the state struggling to provide appropriate services,” he said.
Source: Irish Examiner July 05, 2021 20:03 UTC