Local Property Tax (LPT) liability

Properties that become liable for LPT

Note

Your property may have become liable for LPT for the first time in 2024. If so, you should have valued your property and submitted your LPT Return by 1 December 2023. If you have not yet filed your return, you should do so immediately.

If your property is a residential property on 1 November 2023, it is liable for LPT in 2024. In most cases, this means that your property may become liable for LPT in 2024 if:

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

Newly built residential properties

If you purchased, or built, a new residential property between 2 November 2022 and 1 November 2023, it will be liable for LPT in 2024 if, on 1 November 2023, it is:

• occupied
• or
• suitable for use as a dwelling.

Properties that have become suitable for use as a dwelling

Your property may not have been previously liable for LPT if it was unsuitable for use as a dwelling. For example, a partially collapsed property with no sanitary facilities is not suitable for use as a dwelling.

However, if such a property was renovated, and is now suitable for use as a dwelling, it is liable for LPT. The property will become liable for LPT in 2024 if, on 1 November 2023, it is:

• occupied
• or
• suitable for use as a dwelling.

What you need to do

You will need to:

• value your newly liable property as at 1 November 2021. This means that you will have to determine the value of your property, as if it had existed in its completed state, on 1 November 2021.
• submit your valuation as part of your LPT Return on, or before, 1 December 2023
• and
• make arrangements to pay your LPT charge.

You must register your property with Revenue if it has not previously been registered for LPT or Stamp Duty. For further information, please see Register a Property for Local Property Tax (LPT).

If your property has already been registered for LPT, you should access your Revenue Property Record.

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