SDCC Councillors agree to cut Local Property Tax by 15%. Changes will apply to property tax payments in 2019

Housing

Councillors in South Dublin County Council at their meeting on the 10th of September voted to reduce the Local Property Tax (LPT) by 15%. The changes will be made to bills issued in early 2019. County Councillors, who have the power to adjust the rate by plus or minus 15% each year, voted 27 – 8 at the September Council meeting to make the decision to adjust the rate by the full 15% rate.

The decision to reduce the basic rate of LPT will be funded through the discretionary element of the LPT allocation and will reduce that element of funding from €6,322,286 to €1,580,572. The Council’s LPT allocation for 2019 is €25,289,144 representing 80% of the LPT income of €31,611,431 that it is anticipated will be collected in the South Dublin County administrative area in 2019. The remaining 20% is paid into an equalisation fund to assist other local authorities.

Sarah Brooks

Sarah Brooks

Sarah has worked in marketing and content creation for many years. In her role at Newsgroup, she is the online editor of www.newsgroup.ie with a particular interest in local news and events. Sarah also works closely with our editorial team on our printed editions in Tallaght, Lucan, Clondalkin and Rathcoole/Saggart. If you have a story and would like to make contact please email Sarah at info@newsgroup.ie.

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