LPT revaluation deferred to 1 November 2021
The Government has deferred the revaluation date of local property tax (LPT) to 1 November 2021. This is the third time the revaluation date for LPT has been deferred. Homeowners will continue to have their homes valued for LPT purposes based on their 1 May 2013 declared valuation.
Following a review of the LPT in 2015 by Dr Don Thornhill, the revaluation date for LPT was postponed from 1 November 2016 to 1 November 2019. A Government inter-department review was carried out in 2019 which deferred the revaluation date from November 2019 to November 2020. Further details can be found in the Department of Finance’s press release.