Variation of Local Property Tax
Notice of Consideration of Setting a Local Adjustment Factor (Increase/Decrease or Leaving Unaltered Local Property Tax Rate)
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.
This means that Kildare County Council can increase or decrease the basic rate of the Local Property Tax within the County by a maximum of +/-15% or leave it unaltered. Further information on LPT rates and how to pay your LPT can be found at www.revenue.ie/en/property/local-property-tax.
The charge period for Local Property Tax runs from the 1 November to 31 October each year. A decision to vary the basic rate of LPT applies to the next charge period only. This variation is effective for that one year period, after which the rate reverts back to the original basic rate unless a further decision on a local variation is made by the Elected Members.
The Council will meet in July 2021 to consider the setting of a local adjustment factor for the year 2022 (charge period 1/11/2021 to 31/10/2022). Members must decide whether to retain the base rate of LPT or to either increase or decrease the rate of LPT.
The options available to the Elected Members for 2022 are:
(1) Retain the basic rate of the value of the property – i.e. no variation.
(2) Decrease the rate between 1-15% below the basic rate of 0.1029% of the value of the property based on the new bands (see https://kildare.ie/CountyCouncil/YourCouncil/Finance/LocalPropertyTax/ for details of the revised bands).
(3) Increase the rate between 1-15% above the basic rate of 0.1029% of the value of the property of the new bands (see https://kildare.ie/CountyCouncil/YourCouncil/Finance/LocalPropertyTax/ for details of the revised bands).
Kildare County Council welcomes written submissions from the public on this matter specifically covering the potential effects of varying the basic rate, or retaining the existing rate, of the Local Property Tax on businesses, individuals and on local authority services.
Submissions must be received by Friday, 9 July 2021 at 5:00 p.m. and may be made using one of the following methods:
By post to: Local Property Tax Submissions, Finance Section, Kildare County Council, Áras Chill Dara, Devoy Park, Naas, Co. Kildare,
By email to: firstname.lastname@example.org
Submissions should be clearly marked “Proposed LPT Variation”.
Signed: P Carey
Dated: 22 June, 2021