No change in Local Property Tax in 2018
Both Cork City Council and Cork County Council have voted to retain local property tax at the base level for 2018. This decision comes on foot of Cork Chamber having asked all City Councillors to avoid lowering the local property tax, which would have resulted in a net loss of €1.6 million to the Council coffers. The consequential result would likely be cuts to services or further increases to commercial rates. The policy team will continue to engage with local Councillors as they prepare the full budget for 2018, including the setting of commercial rates.
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