No change to Local Property Tax until 2021

No change to Local Property Tax until 2021

There will be no change in Local Property Tax (LPT) until 2021.

Finance Minister Paschal Donohoe is deferring the revaluation date so the Oireachtas budgetary oversight committee can review a report into the tax, as he believes further scrutiny is needed to ensure relative stability for taxpayers.

The report was charged with examining the impact on the tax of property price developments since the May 1 2013 valuation date.

The valuation date has been deferred from November 1 2019 to November 1 2020, meaning bills will not change until 2021.

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