Cork homeowners face 5% hike in local property tax after county council approves increase
The council is expected to bring in close on €40m from the tax next year. The 5% increase amounts to €1.9m. Picture: Denis Minihane
Homeowners in Co Cork will have to pay an extra 5% a year on local property tax (LPT) between next year and 2029.
This will mean owners of houses worth less than €240,000 will pay €109.25 a year over the next five years, up €4.75 on this year. Houses worth between €240,001 and €315,000 will be liable for a €11.75 increase, bringing the LPT bill to €270.25 a year.
