Next Friday 1 November 2024 is the liability date for 2025 Local Property Tax (LPT). The person liable for the property on 1 November 2024 must pay the LPT charge for 2025, even if they dispose of the property between 1 November 2024 and 31 October 2025.
Property owners are reminded that where a residential property has been newly built or it has been refurbished and has become occupied/suitable for use as a dwelling between 2 November 2023 and 1 November 2024, the property is liable for LPT in 2025 by the above deadline.
A taxpayer who owns a property which is newly liable for LPT is required to value their property as at 1 November 2021. Revenue’s website contains guidance on valuing newly liable properties, with further information on LPT available on Revenue’s dedicated LPT webpage.
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