Revenue reminder on LPT

Revenue has reminded householders about payment of this year's Local Property Tax (LPT).

The LPT on a residential property for 2024 is based on the valuation of the property at 1 November 2021. Revenue is currently writing to 800,000 property owners to remind them to set up their payment option for 2024.

The easiest way to do this is online through one of Revenue’s secure channels: myAccount, Revenue’s Online Service (ROS) or the LPT Portal.

As of 1 November 2023, a residential property is newly liable for LPT subject to the following conditions:

It is a newly built residential property, or, it has been refurbished and has become occupied or suitable for use as a dwelling between 2 November 2022 and 1 November 2023.

If a taxpayer purchased or built a new residential property between 2 November 2022 and 1 November 2023, it is liable for LPT in 2024.

A taxpayer who owns a property which is newly liable for LPT, is required to value his or her property as at 1 November 2021. The taxpayer must value the property as if it had existed in its completed state, on 1 November 2021. Guidance on conducting this valuation is accessible here.

The taxpayer must then submit their valuation as part of their LPT return. Revenue’s LPT calculator, available here, can assist in determining the LPT charge due. Information on how to submit an LPT return is available here. The next step is pay the LPT charge due. Information on making this payment is available here.

https://lpt.revenue.ie/lpt-web/views/login.html?execution=e1s1