Property Tax Ireland

The 2014 LPT  liability date was November 1st 2013 and the charge is for the whole 12 months of 2014.
See more details  here about paying the  Property Tax in 2014

The Local Property Tax  (LPT) was introduced in Ireland in 2013 . The liability date was May 1st 2013 and returns were supposed to be filed by 29th May 2013. The charge in 2013 covered July to December (6 months).

A list of all the property tax valuation bands and the property tax amounts due  for 2013 and 2014  is shown below.

The Property Tax is charged on all Residential property – which is defined as  any building or structure (or part of a building) which is used as, or is suitable for use as, a dwelling and includes grounds of up to one acre.

How Much Property Tax Will You Have to Pay ?

Valuation Band Number Valuation Band Range (€) Half Year Charge
Due 2013
LPT Charge in 2014 (full year
charge)
01 0 – 100,000 45 90
02 100,001 – 150,000 112 225
03 150,001 – 200,000 157 315
04 200,001 – 250,000 202 405
05 250,001 – 300,000 247 495
06 300,001 – 350,000 292 585
07 350,001 – 400,000 337 675
08 400,001 – 450,000 382 765
09 450,001 – 500,000 427 855
10 500,001 – 550,000 472 945
11 550,001 – 600,000 517 1,035
12 600,001 – 650,000 562 1,125
13 650,001 – 700,000 607 1,215
14 700,001 – 750,000 652 1,305
15 750,001 – 800,000 697 1,395
16 800,001 – 850,000 742 1,485
17 850,001 – 900,000 787 1,575
18 900,001 – 950,000 832 1,665
19 950,001 – 1,000,000 877 1,755
20 Over €1 Million €900 plus 0.125% of the value above €1m  €1800 plus 0.25% of the value above €1m

On a house Valued at €1.5 Million – the Property Tax will be €1800 plus 0.25% of 500,00 (€1250) giving a total of €3050 (€1525 in 2013)

House Valued at 2 Million  the Property Tax will be €4300 a year (€2150 in 2013)

In 2013 – the amount due was half the full amount  because the charge covered July to December 2013.

The  Local Property Tax or LPT is  a self assessment system. Each home owner will  be expected to assess the value of their home – which will involve choosing a “valuation band” . See more about Property Tax Valuations here

It is estimated that about €500 million a year could be raised by a property tax in Ireland with the rates shown above  ( if everyone pays).

More Property Tax Information Here  with details of  exemptions , penalties , deferrals and waivers.

The idea of a Property Tax  was first mentioned in the IMF/ECB agreed Four Year Plan –  back in November 2010 – where Fianna Fail committed to a ” site value tax” to be introduced in 2012 – with a minimum charge of €100 per property.

It could have been worse :  – there was a report about Property Tax by the ESRI in 2010 – which recommended even higher levels of tax (o.4%).

The IMF suggested a rate of 0.5% – which if implemented would mean a property tax of €1125 a year for a house valued at €225,000.

Latest Property Tax Information Here

154 Comments

  1. Roisin says:

    I’m very confused at the minute.
    I live in uk but have holiday home in donegal. I have paid Nppr- with a lot of late payments unfortunately!
    Was I supposed to pay property tax as well this year? Or does this come into effect now?
    I also haven’t paid household charge as I didn’t know I was supposed to because of nppr?

    It would be helpful if holiday home owners were sent letters in post or informed some way about these charges!

    Thank you

  2. Richard says:

    we are looking to buy a property in the ramelton area of Donegal,What is the maximum useage during the year before the property tax is payable, also are both taxes due on this type of home IE THE STANDARD CHARGE FOR NON PERMINANT HOME AND ALSO THE PROPERTY TAX WE LIVE IN THE UK BUT I WOULD BE IN THE PROPERTY FOR ABOUT HALF OF THE YEAR,also is there a reduction on the property tax if only one person lives there in the UK I have a 25%discount with living alone Thanking you Richard

    • Money Guide says:

      Richard – the property tax is payable in full regardless of the occupation level. Empty properties have the same liability as occupied ones.
      There are no deductions for single people.

  3. Amanda says:

    What about the “Attack The Tax” thing … whereby “Acorn to Oak Communications Plc.” have lodged a case in the High Court against the Property taxes legality …

    If you are a Shareholder in this, will Revenue come after you?

    • Money Guide says:

      Amanda – I’m aware of the Attack the TAx SPV and the court action. I would be surprised if Revenue take any notice of those stickers – but we will have to wait and see. Did you sign up to it ?
      Any idea of when the case is being heard ? Have you been told of any progress on the failed case over the Household Charge – is it being appealed?

  4. Maire cleary says:

    I have missed the deadline to pay tax. (I live in uk and house is rented out).
    What can I do now? I owe €157 for 2013.

    • Money Guide says:

      Marie – the “deadline” was the date that Revenue would have liked everyone to pay by – but they are still accepting property tax returns online. There will be no penalty for being late.