Homeowners in Co Cork face property tax hike, with average bill now €445

A property tax of €445.50 will now apply to homes valued in the €350,001 to €437,500 bracket.

Elected representatives agreed on the 2.5% figure following a lengthy debate in County Hall on Monday. File Picture: Larry Cummins

Homeowners in Co Cork will see their Local Property Tax (LTP) rate rise by 2.5 percentage points next year, with average-priced homes now facing a bill of up to €445.

Cork County Council management had sought to increase the tax by an even larger amount, citing a €27.3m deficit in the 2025 budget, but elected representatives agreed on the 2.5% increase, following a lengthy debate in County Hall on Monday.