Local Property Tax – Setting the Local Adjustment Factor
The Local Property Tax (LPT) is an annual self-assessed tax charged on all residential properties in the State. The LPT is administered and collected by the Revenue Commissioners.
A local authority may resolve to vary the basic rate of the Local Property Tax within its functional area by a maximum of +/-15%. The local adjustment factor is the % specified in a resolution by the Council by which the basic rate of local property tax should stand varied. This means that Kerry County Council can either increase or decrease the rate of LPT in CountyKerry by up to 15% of the 2017 rate.
Kerry County Council would like to hear your views and opinions in relation to this and how any adjustment to the rate may affect you, your household, your business and your local Council services.
At the link below you will find the Statutory Notice of Consideration of Setting a Local Adjustment Factor along with a set of Frequently Asked Questions to provide you with more information on the setting of the Local Adjustment Factor and the public consultation process.