Cork council commits to 15% cut on property tax

Cork County Council has become the first local authority to commit to cutting the local property tax (LPT) by 15%.

The council has the discretion to consider a cut but fears were expressed yesterday it could have a knock-on effect on the provision of services due to a likely €6m shortfall in the council’s coffers.

Sinn Féin proposed a LPT reduction, saying it was what the hard-pressed public was demanding.