Since 2013, Local Property Tax (LPT) is payable by all residential property owners in Ireland. A ‘residential’ property is any property suitable for use as a dwelling. It includes grounds of up to one acre. The tax amount due is based on the market value of the property. Getting a valuation of the property is the responsibility of the property owner, not Revenue.
Here, we outline the LPT payment options for 2014.
Update September 2014: The liability date (or ownership date) for Local Property Tax (LPT) 2015 is 1st November 2014. If you own a residential property on this date, you will be required to pay LPT for 2015.
Local Property Tax (LPT) 2014
If you own a property on 1 November 2013 you are liable to pay the Local Property Tax (LBT) for 2014. You are required to submit your payment instruction online to Revenue by 27 November 2013.
Regardless of how you paid the LPT for 2013, you can choose from any of the available options to pay your 2014 liability. For example, if you paid in one lump sum for 2013 you can change to a phased payment method for 2014. Revenue offers a range of options for paying your LPT bill including;
- direct debit (instalments paid on the 15th of each month)
- debit card (lump sum taken as soon as you notify Revenue)
- credit card (lump sum billed to your account as soon as you notify Revenue)
- deduction from wages / occupational pension / welfare payments / certain payments from the Department of Agriculture
- single debit authority (lump sum paid from your account on March 21st, 2014)
If you are unsure about about your LPT liability, please do not hesitate to contact us on 01-2804731 or via the contact form on the right of this page.