Dublin property tax remains unchanged as councillors vote down 30% increase

Dublin City Council management had recommended an increase in the tax, which would have generated an extra €24.1m in funding. File Picture: Getty

Members of Dublin City Council voted down proposals this week to increase local property tax (LPT) rates by 30% to shore up funding gaps in the council’s coffers.

The fractious vote saw councillors vote 34 to 21 in favour of maintaining the status quo, which sees Dublin LPT rates set at 15% below the basic national rate.