Council Business

Notice of Passing of Resolution to Vary Basic Rate of Local Property Tax

News Type 
Wednesday, September 23, 2015
dlr County
Intro Text 

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.

Article 10 of the Local Property Tax (Local Adjustment Factor) Regulations 2014 requires a local authority that has decided to vary the basic rate of the local property tax within its administrative area to give public notice of that decision.

I hereby give notice that at the meeting of Dun Laoghaire –RathdownCounty Council held on the 14th of September 2015 a formal resolution was passed to the effect that the basic rate of local property tax should stand varied downwards by 15 per cent for the year 2016 in respect of the liability date 1st November, 2015 as regards relevant residential properties situated in the administrative area of Dun Laoghaire - Rathdown County Council.

The variation in the Local Property Tax rate applies for a period of one year from the next local property tax liability date i.e. from 1/11/2015 to 30/10/2016 after which time the rate of LPT reverts back to the initial (basic) rate unless a further decision has been made by the Council, as a reserved function, in 2016 to retain the variation or apply an alternative variation 

Philomena Poole 
Chief Executive
24th September 2015