Submissions Sought from the Public on Local Adjustment Factor for Property Tax

Posted on By sconnolly2

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.

At the meeting set by Monaghan County Council to consider this matter, the members may set a local adjustment factor within the range of +/- 15% of the basic rate, or, may decide not to adjust the basic rate. Monaghan County Council will meet in September 2020 to consider the setting of a local adjustment factor.

Monaghan 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.

 

Submissions must be received by Monday 27th July 2020 and be sent to:

  • Monaghan County Council, LPT Submissions, County Offices, The Glen, Monaghan
  • email lpt@monaghancoco.ie

 

Eamonn O’Sullivan, Chief Executive

Dated: 25th June 2020