Local Property Tax - what you need to do for 2022

Your property is liable for Local Property Tax (LPT) for 2022 if it is a residential property on the valuation date of 1 November 2021.

LPT is a self-assessed tax. This means that you need to self-assess the value of your property at 1 November 2021. The valuation of your property on this date will determine the amount of LPT you pay for 2022 and for the three years from 2023 to 2025.

Revenue has provided an interactive tool and information to help you determine the value of your property and meet your LPT obligations.

How to check if you are liable for LPT for 2022

If you are the owner of a residential property on 1 November 2021, then you are liable for LPT for 2022 for that property. You are liable for LPT even if you do not usually live in the property.

Your property may not have been liable for LPT for the previous valuation period from 2013 to 2021, for example, if your house was built after 2013. However, your property becomes liable for LPT for the next valuation period from 2022 to 2025, as long as it is a residential property on 1 November 2021. 

You are still liable for LPT for 2022 even if you sell the property after 1 November 2021. 

What you need to do for 2022

To meet your LPT obligations for 2022, you need to do three things:

• determine the market value of your property at 1 November 2021
• submit your LPT Return, including your valuation, by 7 November 2021
• and
• pay or make arrangements to pay your LPT charge for 2022.

How to value your property

You can value your property, as at 1 November 2021, by referring to the following interactive tool and information sources for guidance:

• Revenue’s interactive valuation tool
• the Residential Property Price Register
• a professional valuation
• information sources relating to local properties, for example:
  • newspapers or other media sources
  • information from local estate agents
  • commercial property sales websites such as daft.ie, myhome.ie and geowox.com.

You should keep a copy of any information sources and documentation that you use to determine the market value of your property.

What you should include in your valuation

For valuation purposes, a residential property also includes certain lands or building that are associated with the property, that have a domestic or residential purpose, such as:

• a yard, garden or patio
• a driveway or parking space
• a garage, shed or greenhouse
• a garden room or home office.

Where the land associated with your property exceeds an acre in size, only the land up to one acre should be valued for LPT purposes.

More information can be found on www.revenue.ie