Local Property Tax - what you need to do for 2023
Properties that have become liable
If your property has become liable for LPT, you should have valued your property and submitted your LPT Return by 2 December 2022. If you have not yet filed your return, you should do so immediately.
Your property is newly liable for Local Property Tax (LPT) in 2023 if:
- it is a newly-built residential property completed after 1 November 2021 and before 1 November 2022
- it has become occupied, or suitable for use as a dwelling, after 1 November 2021 and before 1 November 2022.
The valuation date for LPT is 1 November 2021. This means that you will need to value your property as if it had existed on 1 November 2021.
Your LPT charge is based on the valuation of your property as at 1 November 2021. Your valuation of your property on this date determines your LPT charge for 2023 to 2025.
For more information and helpful examples, please see Properties that become liable for LPT.
You will need to:
- Self-assess the value of your newly liable property as at the valuation date of 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, 2 December 2022.
- Make arrangements to pay your LPT charge.
Register your property
You will need to 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.
Certain properties are exempt from LPT if they meet the qualifying conditions. For further information, please see Local Property Tax (LPT) exemptions 2022 to 2025.
You can defer the payment of your LPT if you meet certain specified conditions. For further information, please see Deferral of Local Property Tax payment.
Next: Filing and payment deadlines