The self-assessed Local Property Tax (LPT) is coming into effect on July 1, 2013. It is charged as a percentage of the market value on all residential properties in the State.
As property managers, we cannot give advice on matters related to property valuation however the following links may be of assistance.
If you require any further information, we would recommend directing your queries to your accountant, financial professional or the Revenue office.
1 – Local Property Tax Homepage: http://www.revenue.ie/en/tax/lpt/index.html
2 – PDF Guide to LPT: The guide will provide information on how to assess the value of your property and calculate your LPT liability
You can download a PDF guide and a sample property tax reporting form if you are interested in more info.
3 – Property Price Register: http://www.propertypriceregister.ie/website/npsra/pprweb.nsf/page/ppr-home-en
4 – Daft.ie LPT Calculator (for a rough estimate of your LPT liability): http://www.daft.ie/property-tax/
5 – Local Propety Tax (A Public Information Guide) – The Society of Chartered Surveyors of Ireland: http://www.scsi.ie/scsi_iti_lptpublicguide