Public invited to make submissions on local property tax rate in Waterford

Public invited to make submissions on local property tax rate in Waterford

Members of the public can make submissions on changing the Local Property Tax

Waterford City and County Council is inviting members of the public to make submissions on changing the basic rate of the Local Property Tax (LPT).

In particular, the local authority is inviting submissions with regard to how changing the basic rate could impact on businesses, individuals and local council services.

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 LPT for their administrative area by a percentage known as the local adjustment factor.

The members of Waterford City and County Council meet each year to consider this and they may set a local adjustment factor within the range of +/- 15 per cent of the basic rate. However, they may also decide not to adjust the basic rate.

Annually, Waterford City and County Council invites written submissions from the public on this issue and anyone wishing to make a submission can do so by posting their views to: Local Property Tax Consultation, Finance Section, Waterford City and County Council, City Hall, Waterford.

Submissions can also be made by email, to LPT@waterfordcouncil.ie or online at https://bit.ly/LPTAdjustment-2025 All submissions would be received by September 20, and there is no prescribed format for submissions.

To find out more about the LPT go to LPT Adjustment Factor FAQs

More in this section

Waterford News and Star