What Budget 2016 said about Local Property Tax

“I will be making a proposal to government to postpone the revaluation date for the Local Property Tax from 2016 to 2019.

“This is one of the recommendations in the review of the Local Property Tax submitted to me by Dr Don Thornhill, which is being published online today.

“The postponement of the revaluation date means that homeowners will not be faced with significant increases in their LPT in 2017 as a result ...