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Councillors in both Dun Laoghaire Rathdown Co Co and South Dublin Co Co have voted to reduce the Local Property Tax by 15%.

The changes will be made to the bills issued in early 2019.

Councillors in South Dublin Co Co voted 27-8 in yesterday’s monthly meeting.

The basic rate of LPT will be funded through the discretionary element of the LPT allocation.

The Council’s LPT allocation for 2019 is €25,289,144 representing 80% of the LPT income of €31,611,431 that it is anticipated will be collected in the South Dublin County administrative area in 2019. The remaining 20% is paid into an equalisation fund to assist other local authorities.