Notice of the Passing of a Resolution to Vary Basic Rate of Local Property Tax
The Finance (Local Property Tax) Act 2012 (as amended), makes specific provision that elected members of a local authority may pass a formal resolution to vary the basic rate of the Local Property Tax for their administrative area by a percentage known as the local adjustment factor. Article 10 of the Local Property Tax (Local Adjustment Factor) Regulations 2014 requires a local authority that has decided to vary the basic rate of the local property tax within its administrative area to give public notice of that decision.
In pursuance of the provisions of section 20 of the FINANCE (LOCAL PROPERTY TAX) ACT 2012 (as amended), I the undersigned, hereby notify the Minister for Housing, Local Government and Heritage of the passing of a resolution at a meeting of Cork County Council on the 23rd September 2024 to the effect that the basic rate of local property tax should be varied upwards by ten percent (10%) for the year 2025 in respect of relevant residential properties situated in the local authority’s administrative area
Signed,
Moira Murrell,
Chief Executive.
Date: 23rd September 2024.