Covid-19 impact delays homeowners' property tax rise

The delay in reviewing the local property tax means people who bought new homes since 2013 will be exempt from paying the tax for another year. File picture: PA

Homeowners will not face an increase in their Local Property Tax (LPT) bill for 2021, the Finance Minister has confirmed. 

Paschal Donohoe today confirmed that he had told cabinet that a re-evaluation of the LPT would not be undertaken on November 1 this year, as planned, due to the impacts of Covid-19. The review will instead be carried out on the same date next year.