Local Property Tax (LPT) in Ireland: What You Need to Know for 2025

The Local Property Tax is an annual, self-assessed taxation system based on residential property values, wherein the property owners are responsible for estimating their property’s value. Revenue guides the owners on how to value their homes or property, but they don’t carry out the valuations themselves.

The Local Property Tax (LPT) in Ireland was introduced in 2013, and it plays a significant role in funding local government services, including public services, infrastructure, and amenities such as libraries, public parks, street lighting, etc.

What is Local Property Tax (LPT) in Ireland?

Homeowners in Ireland need to pay a tax - Local Property Tax (LPT) - based on the market price of their residential property. All Irish owners of residential properties are required to pay the tax each year, which is collected by Revenue. However, the property must be suited for use as a dwelling. If it is structurally unsound and unoccupied in any way, you may not be liable to pay the LPT.

One major point to note is that even if you transfer or sell your property between 1 November 2024, and 31 October 2025, you will still be the liable individual for paying the LPT for 2025.

There are several ways of paying property tax in Ireland, including by cash, debit or credit card, or Direct Debit.

Who should pay Local Property Tax in Ireland?

If you own either a home or rental property in Ireland on 1 November (which is known as the “liability date”) in any year, you are obliged to pay Ireland’s Local Property Tax. If the property has multiple owners, it needs to be mutually agreed on who will pay the tax. If no agreement is made, Revenue can collect the tax from any of the owners.

Short-term tenants don’t have to pay property tax in Ireland, but you might be liable if:

• You’ve lived in and rented the property for 20 years or more

• You have the right to live on the property for life

Other situations where property tax is payable:

• Executors or administrators of a deceased person’s estate

• Trustees, when the property is held in trust

  
  

Who is exempt from the Local Property Tax?

If any of the situations (given below) applies to you, you will need to claim the property tax exemption and put forward a property valuation with Revenue.

• If the owner has not lived in their house for at least 12 months due to illness or disability, and the property is either empty or occupied by someone not liable to pay tax

• Properties for people with disabilities

• Homes with pyritic damage or built with defective concrete blocks

• Registered nursing homes

• Properties fully taxed under commercial rates

• Properties owned by public bodies or charities

Local Property Tax Payment Dates

The deadline for paying your LPT charges depends on the payment option you select:

• January 2025 – Start of phased payments for deductions at source and normal cash payments through a payment service provider.

• 10 January 2025 – Last date to pay in full by cash, cheque, credit, or debit card.

• 15 January 2025 – Start of monthly direct debit payments, continuing on the 15th of every month.

• 21 March 2025 – Deduction date for ADI (Annual Debit Instruction) payments.

  
  

How to Calculate Local Property Tax?

The LPT you incur is based on the market value of your property as of 1 November 2021, which is the valuation date. This same value will be used to calculate your taxes from 2022 to 2025 until new valuations are carried out or any changes occur to your property.

LPT rates vary according to the value of your home, ranging from properties under €100,000 to those worth over €1 million. Property owners need to self-assess their value, though the Revenue Commissioners may later adjust the values if necessary.

How to pay Local Property Tax?

Step 1: If your property isn’t registered for LPT or stamp duty, you will first need to register it with Revenue.

Step 2: To make payments and view your LPT record, log in with your ‘myAccount’ or ROS details. This can be directly done through the LPT online service.

Step 3: You can make payment either in full (with a debit or credit card) or in phased payments throughout the year by Direct Debit.

For further support, you can visit the Revenue website or get in touch via the LPT helpline.

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