Valuing your property

How to correct your property valuation

If you have already submitted your Local Property Tax (LPT) Return, you can still amend your Return after 10 November 2021. The circumstances in which you can amend your Return are explained below.

Your LPT liability amount will be recalculated and will replace the original LPT liability amount for 2022.

How to correct a property under-valuation 

You can revise your property valuation upwards through the online Correct Return service, using myAccount, Revenue Online Service or the LPT online service

Your revised valuation should reflect the market value of your property as at 1 November 2021. You do not need to revise your valuation if you think your property has increased in value since 1 November 2021.

If you revise your property valuation upwards at a later date, your revised valuation will apply to all years in the valuation period. Any additional LPT charge due is payable by you immediately and may be subject to interest.  

How to correct a property over-valuation 

If you determine that you have previously over valued your property you should contact the LPT Branch.

Your revised valuation should reflect the market value of your property as at 1 November 2021. Events or developments after 1 November 2021 cannot retrospectively affect this valuation. For example, you should not revise your valuation if you think your property has decreased in value since 1 November 2021, due to a subsequent general decrease in property prices.

You should include the following information in your request to Revenue to amend your property valuation as at 1 November 2021:

  • how the original over-valuation arose
  • confirmation of the revised valuation band that you have self-assessed
  • documents to support the revised valuation band, to include at least one of the following:
    • details of sales of similar properties in your immediate area, for example, from the the Residential Property Price Register or property sales websites such as daft.ie and myhome.ie
    • a professional valuation
    • house price surveys in your immediate area. 

You may also provide photographs of the property which clearly indicate the features that influence a lower valuation than the original valuation you submitted in your LPT Return. 

All documents you supply should reflect the valuation date of 1 November 2021. 

How to amend an incorrectly claimed exemption or payment deferral 

If you claimed an LPT exemption or payment deferral to which you are not correctly entitled, you can correct your LPT Return through the online Correct Return service, using your existing login details for myAccount, ROS or the LPT online service

Any additional LPT charge due may be subject to interest. 

How to claim an exemption or payment deferral 

If you were entitled to an exemption or payment deferral that you did not claim in your original LPT Return, you should contact the LPT Branch. You should have the following information ready:

Revenue may request additional information from you before determining the validity of your claim.