Flooded homeowners can defer local property tax but will pay interest

Flooded homeowners will still have to pay interest if they decide to delay paying local property tax, Revenue has confirmed.

Although families left homeless by flooding have been given some reprieve on paying local property tax they will still have to pay 4% interest if they defer payment.

It comes as the Government was criticised for “completely misleading” flood victims by implying that they can revalue their properties and receive a reduced LPT bill for 2016.