Would anyone know why it is called 'Local Property Tax' and not just Property Tax?
Thanks everyone. So from Jan 2015, the additional (or reduction) +/- 0.15% that goes to the local authority makes it a local tax ?
It's Local property tax because it's purpose is to provide a sustainable and stable source of funding for local authorities to provide local services, and there will be local control over the rates, to a certain extent.
Well you can have your say on that next year:I don't like the waste and excessive expenses of my local authority.
It might if you vote for candidates who support such a change?Voting won't reduce the expenses rate per km, unfortunately.
Voting won't reduce the expenses rate per km, unfortunately.
I don't think the local authorities have this power yet - not for a couple of years I think.However, the LPT can be changed (within parameters) by the local authority and it would seem reasonable to assume that the local authorities are therefore levying the charge-in so much as they will decide the exact amount.
Fair enough if the money will be spent in MY local area but there is nothing in the legislation to guarantee this. So expensive Dublin LPT can be spent in not-so-local-to-the-payers rural areas. I know the government has said that 80% 'should' be spent in the area it is collected but there is nothing to guarantee this. Kind of makes a mockery of the word local if it is not spent 100% for the local area it is collected in.It's Local property tax because it's purpose is to provide a sustainable and stable source of funding for local authorities to provide local services, and there will be local control over the rates, to a certain extent.
Would you be less unhappy about it if it was just called property tax, without the local??
Fair enough if the money will be spent in MY local area but there is nothing in the legislation to guarantee this. So expensive Dublin LPT can be spent in not-so-local-to-the-payers rural areas.
I don't think I could even say 'redistributive cross-subsidisation' never mind objecting to it! The thread is about why it is called a 'local' property tax - and if it is collected centrally and not spent locally, it is a fair question isn't it?I presume on the basis of your statement above that you'd object to such redistributive cross-subsidisation?