Moving in
Local Property Tax for new owners
Local Property Tax is a yearly tax on homes in Ireland, collected by Revenue. As a new owner you will pay it, but when you start depends on the date you bought.
When you become liable
You pay LPT for a year if you own the home on 1 November of the year before. If you buy on 15 October 2026, you pay LPT for 2027. If you buy on 15 November 2026, the seller owned the home on 1 November, so the 2027 tax is theirs and yours starts in 2028.
Your solicitor checks that the seller's LPT is paid up to date, because unpaid LPT stays with the property.
How the tax is worked out
You value your own home, and the value places it in a band. For 2026 to 2030 the values are based on 1 November 2025. The bands were widened by 20%, so that price rises alone move fewer homes into a higher band.
| Value on 1 November 2025 | LPT a year |
|---|---|
| Up to €240,000 | €95 |
| €240,001-315,000 | €235 |
| Higher values | Rises with each band; see Revenue's table |
Local authorities can raise or lower the basic rate by up to 15%, so the amount varies a little between counties.
Valuing a new home
If your home is newly built, ask Revenue how the valuation date applies to it. For any home, Revenue's LPT guidance helps you estimate a value from sales of similar homes.
Paying it
- Register the property and file your return in Revenue's myAccount.
- Choose how to pay: deduction from your salary or pension, direct debit, a single payment by card, or through a payment service provider.
- Deduction from your salary spreads the tax evenly over the year, which many new owners find easiest.
My journey keeps this on your settling-in list at step 27.
Worth knowing
Keep a note of how you reached your valuation, such as the sold prices of similar homes. Revenue can ask for it later.
