Local Property Tax (LPT)

Each of the 31 Local Authorities raises revenue through Local Property Tax in its administrative area. The allocation of this revenue is impacted by rules set by the Department of Housing, Planning, Community and Local Government.

Read on to learn about how LPT is allocated in each Local Authority area.

Fingal County Council – Local Property Tax 2018 – Case Study

Fingal County Council is estimated by the Revenue Commissioners to raise €38.2 million in Local Property Tax (LPT) in 2018.

  • 20% of this amount (€7.6 million) goes to the Equalisation Fund to top-up Local Authorities with lower LPT bases.
  • Local Authorities can vary the rate of LPT in their administrative area by +/-15% of the basic rate. Fingal County Council chose to apply a 10% reduction (€3.8 million) in LPT for 2018.
  • The total LPT allocation for Fingal County Council post-variation (i.e. after applying the 10% reduction in the basic rate) is €26.8 million in 2018.

How Is This Spent?

The €26.8 million has to self-fund some services as directed by the Department of Housing.

  • €13.5m has to be directed towards capital expenditure (this figure does not appear in the budget of Local Authority Finances.com because it is a balance sheet item).
  • €5.7m goes into self-funding housing and roads
  • €7.5m is for discretionary purposes.

See table 1 below for detail.

Table 1 – Fingal County Council Local Property Tax allocation 2018

(Source: Local Authority Finances.com) *Note: rounding may affect totals

Table 2 shows the 2018 Local Property Tax allocations of the 31 Local Authorities in Ireland.

Table 2

(Source: Local Authority Finances.com)

The seven columns (A – G) break down the LPT into its various parts:

Key to Table 3