Public notice sought on local property tax change – Highland Radio
Donegal County Council is inviting members of the public to submit proposals to vary the base rate of local property tax in Donegal in 2023.
Council is eager to hear views on any proposed changes to the local property tax rate and the potential effects of such a change on households, individuals, businesses and Council departments.
The local property tax, which came into force in 2013, is an annual tax levied on residential properties in Ireland. In accordance with the Finance (Local Property Tax) Act 2012 (as amended), a local authority may vary the base rate of local property tax in its own area by a maximum of +/- 15%.
The local property tax rate in Donegal has been increased to 15% for 2020 and has been maintained at this rate for 2021 and 2022. The same charges applied in 2022 as applied in 2021 and 2020 (although the bands of assessment have been restructured from 2022 and are now based on property assessments at 1st November 2021). In Donegal, around 78% of properties attracted a charge of €103.50 for 2022, with a further 13% attracting a charge of €258.75. 91% of properties in Donegal attracted charges in the two lowest valuation bands (Band 1 = €1 to €200,000; Band 2 = €200,001 to €262,500).
Donegal County Council’s LPT revenue for 2022 is €26.8 million (approximately 17% of total revenue). Money collected through the local property tax contributes to the cost of providing a range of important municipal services including swimming pools, libraries, theatres, street lighting, road maintenance, utilities housing, fire services, illegal dumping and litter control, community initiatives. , grants to community/volunteer groups, beach management, public amenities, tourism promotion and economic development initiatives, among others.
An adjustment to the local property tax rate would impact Council’s ability to provide these services. For example, if the LPT rate is reduced, the revenues available to the Council will be reduced. This in turn will limit the range and scope of services and supports that can be provided in 2023.
Further information, including a list of frequently asked questions, is available at www.donegalcoco.ie
The deadline for receipt of applications is 22n/a August 2022. Submissions must be made in writing, by email to [email protected]or mailed to ‘Donegal County Council, LPT Submissions, County House, Lifford, Co. Donegal F93 Y622’.
Public feedback will be considered by elected members of Donegal County Council as part of the decision-making process at a meeting in September 2022, when a final decision will be taken on setting the rate of l local property tax in Donegal for 2023.