Public Consultation on Review of Local Property Tax (LPT)
Mr Paschal Donohoe T.D., Minister for Finance and Public Expenditure and Reform recently announced a review of the Local Property Tax (LPT) which is looking in particular at the impact on LPT liabilities in the context of property price developments in advance of the revaluation date on the 1st November 2019.
The purpose of the review is to inform the Minister in relation to any actions he may recommend to Government concerning the overall yield from LPT, its contribution to total tax revenue and the best way of achieving that objective. The review is being conducted by an interdepartmental working group chaired by the Department of Finance and a consultation process is now being launched to inform this work.
It is intended that the review group’s report will be presented to the Minister for Finance in summer 2018.
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How to get involved?
Written submissions are welcome and should be sent to email@example.com
Alternatively, you can respond by post to:
Local Property Tax
Tax Policy Division
Department of Finance
Upper Merrion Street
Please include contact details if you are responding by post.
The consultation process is open from 20th April until 10th May 2018. Any submission received after this date may not be considered. It is intended that the report of the review group will be presented to the Minister for Finance in summer 2018. The report of the review group will be published in due course and may be considered in the context of Budget 2019.