Minister for Finance and Public Expenditure and Reform, Paschal Donohoe T.D has launched a public consultation on a review of the Local Property Tax (LPT).
Interested parties are invited to make submissions on the future of the LPT having regard to:
- Providing a basis for future review as property values vary over time;
- The relationship between property price movements and tax liability;
- Mechanisms for ensuring relative revenue stability and providing a level of certainty in terms of liability for 2020 and beyond;
- The considerations around continuing to operate the current range of LPT exemptions and deferral options;
- The outstanding recommendations of the 2015 Thornhill review.
The consultation period will run until 10 May 2018.
To review consultation paper, click here