A Simple Guide to Ireland’s Local Property Tax – Current Rates, Bands & Payment Deadlines
Introduction
The Local Property Tax (LPT) is a self‑assessed annual charge on the market value of residential property in the Republic of Ireland. First introduced in 2013, LPT now funds local services such as roads, libraries, housing, and community facilities. For buyers, sellers, landlords and estate agents, understanding how LPT is calculated, the current valuation bands, and key payment dates is essential to avoid penalties and keep property transactions smooth.
This guide walks you through:
- How LPT is valued – the 1 November valuation date and self‑assessment process.
- Current valuation bands and rates for the 2026‑2030 valuation period (the rates that apply to the 2025 tax year).
- Exemptions and deferrals that may reduce or postpone your liability.
- Key payment deadlines for the 2025 tax year and the upcoming 2026 cycle.
- Practical steps to submit your return and keep records.
All figures are up‑to‑date as of December 2025, sourced from Revenue Ireland, Citizens Information and professional tax advisers.
1. How LPT is Valued
| Item | Detail |
|---|---|
| Valuation date | 1 November 2025. This is the “valuation date” that determines the market value used for the 2025 tax year (covering 2025‑2029) and for the next cycle (2026‑2030). |
| Self‑assessment | Property owners must assess the market value of their home on the valuation date and submit it to Revenue via the online LPT service. |
| Supporting evidence | Acceptable evidence includes a formal valuation report, recent comparable sales from the Property Price Register, or the Revenue interactive valuation tool. Keep documentation for at least six years. |
| When a valuation is not required | Newly built homes that were first occupied after 1 Nov 2021 are automatically entered into the system at their construction cost. Social housing owned by local authorities is exempt. |
| Local Adjustment Factor (LAF) | Each local authority may vary the base LPT rate by ±15 %. The LAF is published on the Revenue website and applied automatically when you calculate your tax. |
2. Current Valuation Bands & Rates (2026‑2030 Cycle)
The rates below apply to properties valued up to €2.1 million. For values above €2.1 million a three‑tier formula is used (see the “High‑Value Property” box).
| Valuation Band (€) | Basic LPT Charge (€) |
|---|---|
| 0 – 240,000 | €0 |
| 240,001 – 315,000 | €1,094 |
| 315,001 – 420,000 | €1,272 |
| 420,001 – 525,000 | €1,535 |
| 525,001 – 630,000 | €1,797 |
| 630,001 – 735,000 | €2,060 |
| 735,001 – 840,000 | €2,322 |
| 840,001 – 945,000 | €2,585 |
| 945,001 – 1,050,000 | €2,847 |
| 1,050,001 – 1,155,000 | €3,110 |
| 1,155,001 – 1,260,000 | €3,373 |
| 1,260,001 – 1,365,000 | €3,636 |
| 1,365,001 – 1,470,000 | €3,899 |
| 1,470,001 – 1,575,000 | €4,162 |
| 1,575,001 – 1,680,000 | €4,425 |
| 1,680,001 – 1,785,000 | €4,688 |
| 1,785,001 – 1,890,000 | €4,951 |
| 1,890,001 – 1,995,000 | €5,214 |
| 1,995,001 – 2,100,000 | €5,477 |
High‑Value Property (valuation > €2.1 million)
| Portion of Value | Rate |
|---|---|
| First €1.26 million | 0.0906 % |
| €1.26 million – €2.1 million | 0.25 % |
| Above €2.1 million | 0.30 % |
Example: A property valued at €2.5 million would incur:
- 0.0906 % of €1.26 m = €1,141.56
- 0.25 % of €840,000 = €2,100.00
- 0.30 % of €400,000 = €1,200.00
Total (before LAF) = €4,441.56.
Local Adjustment Factor: If your local authority applies a +10 % LAF, the final charge becomes €4,885.72.
3. Who Must Pay LPT?
| Situation | Who Pays |
|---|---|
| Owner of a residential property on 1 Nov 2025 (including main home, second home, holiday home, rental property) | Owner(s) – if multiple owners, they must agree who pays; otherwise Revenue may collect from any owner. |
| Long‑term lease (≥20 years) or life‑lease holder | Leaseholder (the person with the right to occupy for the term). |
| Short‑term rental (≤20 years) | Landlord (property owner). |
| Property owned by a charity, nursing home or severely incapacitated individual | Exempt (see exemptions below). |
4. Exemptions & Deferrals
Common Exemptions (2025‑2026)
| Exempt Property Type | Reason |
|---|---|
| Charitable property used for recreation | Charities’ recreational premises. |
| Fully commercial‑rate properties (e.g., guesthouses) | Treated as non‑residential. |
| Residence of a severely incapacitated person | Humanitarian relief. |
| Registered nursing homes | Social care exemption. |
| Property damaged by pyrite or eligible for the Defective Concrete Blocks Grant | Structural defect relief. |
| Social housing owned by local authorities | Public housing exemption. |
Note: Even if exempt, you must still file an LPT return to claim the exemption.
Payment Deferrals
You may apply for a deferral if:
- Annual income is below the €30,000 threshold (or €45,000 for a couple) and you are not in receipt of a State pension or similar income.
- You are experiencing financial hardship (e.g., unemployment, serious illness).
Deferrals accrue interest and remain attached to the property until paid. Applications are made through the Revenue LPT portal and must be approved before the payment deadline.
5. Payment Deadlines & Options
| Deadline | What Must Be Done |
|---|---|
| 7 November 2025 | Submit your LPT return with the self‑assessed valuation (online via myAccount/ROS). |
| 9 January 2026 | LPT for the 2025 tax year becomes due (the date Revenue issues the notice). |
| 15 January 2026 | First instalment for monthly direct‑debit payment schedule. |
| 20 March 2026 | Final single payment deadline if you choose to pay the whole amount in one go (bank transfer, credit/debit card, or cheque). |
| 9 January 2026 – 31 December 2026 | If you miss the above dates, a late‑payment surcharge of 5 % (plus interest) applies. |
Payment Methods
- Direct Debit (monthly) – Most popular; first payment on 15 Jan, then 12 monthly instalments.
- Single Payment – Via bank transfer, credit/debit card, or cheque, due by 20 Mar.
- Salary/Pension Deduction at Source – If your employer or pension provider offers LPT deduction, enrol via the Revenue portal.
- In‑person at An Post, Payzone or Omnivend – Cash or card, using the reference number on your LPT notice.
All payments are automatically adjusted for any Local Adjustment Factor applied by your council.
6. Step‑by‑Step Checklist for Homeowners
| Step | Action | Resources |
|---|---|---|
| 1. Determine market value | Use a professional valuation, recent comparable sales, or Revenue’s valuation tool. | Revenue LPT calculator: https://lpt.revenue.ie |
| 2. Gather supporting documents | Valuation report, Property Price Register extracts, or builder’s invoice. | Citizens Information guide (PDF) |
| 3. Submit LPT return | Log in to myAccount or ROS, enter Property ID & PIN, upload valuation evidence. | Revenue LPT return portal |
| 4. Choose payment method | Direct debit, single payment, or deduction at source. | Set up via myAccount |
| 5. Mark the deadline | 7 Nov – return; 9 Jan – due; 20 Mar – final single payment. | Add calendar reminders |
| 6. Keep records | Store all LPT correspondence for at least six years (Revenue requirement). | Cloud storage or hard copy file |
7. Frequently Asked Questions
| Question | Answer |
|---|---|
| Do I pay LPT on a property I own but rent out? | Yes – the owner is liable, not the tenant, unless a long‑term lease (>20 years) transfers the liability. |
| What if I sell my house before the 9 Jan deadline? | The seller must ensure the LPT for the year is paid up to the sale date. The buyer will receive a new valuation for the next cycle (1 Nov 2025). |
| Can I appeal my valuation band? | Yes. If you disagree with Revenue’s estimate, submit a self‑assessment with supporting evidence. If still contested, you may appeal to the Land Valuation Appeal Committee. |
| How does the Local Adjustment Factor affect my tax? | Multiply the basic charge by (1 + LAF/100). Example: €2,000 basic charge with a +12 % LAF = €2,240. |
| Are there any penalties for late filing? | Failure to file by 7 Nov incurs a fixed penalty of €100 plus interest on any unpaid tax. Late payment after 9 Jan adds a 5 % surcharge and interest. |
8. Why Staying on Top of LPT Matters for Estate Agents
- Smooth transactions: Buyers cannot register a property with the Property Registration Authority (PRA) until LPT is cleared.
- Avoidance of penalties: Unpaid LPT can become a charge against the property, complicating sales and refinancing.
- Client confidence: Providing accurate LPT estimates helps clients budget correctly and builds trust in your service.
Estate agents should routinely check the Revenue LPT portal for any outstanding notices on properties they are marketing and advise sellers to settle before listing.
Conclusion
The Local Property Tax is a straightforward but crucial part of property ownership in Ireland. By understanding the 2025 valuation date, the current band‑based rates (up to €2.1 million) and the three‑tier formula for high‑value homes, you can accurately calculate your liability. Remember the key deadlines—7 Nov return, 9 Jan due, 20 Mar final payment—and take advantage of the various payment options to keep your finances on track.
For homeowners, the best practice is to value early, submit on time, and keep documentation. For estate agents and property professionals, proactively checking LPT status protects your clients and streamlines the conveyancing process.
If you need personalised advice—whether it’s confirming your valuation band, applying for a deferral, or navigating a complex multi‑owner situation—consult a qualified tax adviser or contact Revenue’s LPT helpline (02 738 3626). Staying informed today saves you time, money, and headaches tomorrow.