Have your say on
LPT
12.08.24
HAVE your say on varying
the rate of Local Property Tax (LPT) in Inishowen.
Donegal County Council is inviting submissions from
members of the public on proposals to vary the basic
rate of Local Property Tax.
The Council is keen to hear views and opinions on any
proposal to vary the rate of LPT, and in
particular on the potential effects of any variance on
households, individuals, businesses, and on council
services.
A local authority may vary the basic rate of Local
Property Tax within its own area by a maximum of +/-
15%.
In Donegal, 80% of homes attracted an annual charge of
€103.50 (band 1) in 2024, with a further 12% attracting
a charge of €258.75 (Band 2). 92% of Donegal properties
attracted charges in the lowest two valuation bands
(Band 1 = €1 to €200,000; Band 2 = €200,001 to
€262,500).
Donegal County Council’s LPT income in 2024 is €28m and
comprises around 15% of Donegal County Council’s total
income for the year. The money collected under the Local
Property Tax contributes towards the cost of providing a
range of important local council services including
libraries, public lighting, leisure centres, road
maintenance, housing services, theatres, fire services,
dealing with illegal dumping and littering, community
initiatives, beach management, and tourism development
initiatives, among many others.
An adjustment in the rate of LPT would
have an impact on the Council’s capacity to deliver
services. For instance, if the rate is reduced, then
the income available to the Council will be reduced.
This in turn will limit the range and extent of services
and supports that can be provided in 2025 and beyond. |
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Donegal
County Council is keen to hear views and opinions on any
proposal to vary the rate of Local Property Tax. In particular, the Council invites comments
concerning the potential effects of varying the basic
rate of LPT, particularly any potential
effects on households, individuals, businesses
and council services.
Further information, including a list of frequently
asked questions, is available on
www.donegalcoco.ie .
The deadline date for receipt of submissions is the 23rd
August 2024. Submissions should be made in writing, by
email to
LPT@donegalcoco.ie or posted to ‘Donegal County
Council, LPT Submissions, County House, Lifford, F93 Y622’.
Feedback from the public will be considered by the
elected members of Donegal County Council as part of the
decision-making process at a meeting to be held in
September 2024, when a final decision will be made on
setting the rate of Local Property Tax for
2025. |
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