Kerry County Council will meet this morning to discuss adjusting the Local Property Tax

Kerry County Council will meet this morning to discuss adjusting the Local Property Tax.

LPT is a self-assessed tax charged on the market value of residential properties in the State, and is due on November 1st each year.

 


At present, Local Property Tax in Kerry varies from €90 to €495, depending on the value of the property.

The local authority may vary the basic rate within the county by a maximum of 15%.

A 15% decrease would make the lowest rate of LPT €76.50, while a maximum increase would make the top band almost €570 per year.

The basic rate of LPT was increased by 5% by Kerry County Council in 2018, however, the local authority is not obliged to vary the rate for 2019.

The meeting takes place in the Council Chamber, County Buildings, Tralee this morning to discuss the issue.