Dublin City Council is asking the public and interested parties about whether or not they think that the Local Property Tax (LPT) should be varied in Dublin city.

The LPT is a tax charged on a percentage of the market value of all residential properties in Ireland.

Section 20 of the Finance (Local Property Tax) Act 2012, however, allows the Elected Members of Dublin City Council to vary the LPT rate by plus or minus 15 per cent.

The council is now asking the public for their views on the tax, and says it take these views into account before deciding the rate.

Anyone who wishes to take part in the public consultation process can take the online survey from Thursday 14th July to 4.30pm on Wednesday 15th August here: http://bit.ly/LPTSurvey2016 .

Kathy Quinn, Head of Finance with Dublin City Council, says “Local Authorities can vary the LPT. Revenue from this tax supports local services such as parks, libraries and street cleaning that Dublin City Council provides. Any decision to vary this is very important so we are asking the public for their views. These views will inform whatever decision is taken.”