Local Property Tax Notice of Consideration of Setting a Local Adjustment Factor

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. This means that Laois County Council can increase or decrease the basic rate of the
Local Property Tax within the County by a maximum of +/-15% or leave it unaltered.

At the meeting of Laois County Council held on 4th September 2020 to consider this matter
the members agreed to increase the basic rate of local property tax by 10%. This rate applied
for a period of one year from the 1st November 2020 (liability date) to the 31st October 2021.
A review of the rate to be applied from the next liability date of 1st November 2021 will now
be carried out.

The Council will meet in July 2021 to consider the setting of a local adjustment factor.
Members must decide whether to leave the rate unadjusted or alternatively to apply an
adjustment factor to the rate.

Laois County Council welcomes written submissions from the public on this matter specifically
covering the potential effects of varying the basic rate of the Local Property Tax on businesses,
individuals and on local authority services.

Submissions must be received by 15th July 2021 and can be sent to:
• LPT , Finance Department , Laois County Council, Aras an Chontae, Portlaoise, Co. Laois.
• LPT@laoiscoco.ie

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