LPT (Local Property Tax) Adjustment Factor

NOTICE OF CONSIDERATION OF SETTING A LOCAL ADJUSTMENT FACTOR

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 Local Property Tax for their administrative area by a percentage known as the local adjustment factor. The members of Waterford City and County Council will meet in September to consider this matter. They may set a local adjustment factor within the range of +/- 15% of the basic rate, or, may decide not to adjust the basic rate.

Waterford City and County Council welcomes written submissions from the public on this matter specifically covering the potential effects of varying the basic rate of the Local Property Tax on businesses, individuals and on local authority services.

To make your submission you can write to:

Local Property Tax Consultation, Finance Section, Waterford City and County Council, City Hall, Waterford

OR Alternatively submissions can be made by email to LPT@waterfordcouncil.ie or by online submission at: https://bit.ly/LPTAdjustment-2020

All submissions must be received by 22nd August 2020.  There is no prescribed format for a submission.

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