VARIATION OF LOCAL PROPERTY TAX
Wed, 08 Jun 2022 17:03:00 BST
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.
At the meeting set by Galway 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.
Galway County Council will meet in September 2022 to consider the setting of a local adjustment factor.
Galway 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 05th September 2022 and be sent to either:
Accounts Payable (LPT submissions) Section, Finance Department, Galway County Council, Aras an Chontae, Prospect Hill, Galway H91 H6KX
emailed to: email@example.com
Jim Cullen, Chief Executive
15th July 2022