Valuing your property as at 1 November 2021

How your LPT charge is determined

Your Local Property Tax (LPT) charge is the amount of LPT you should pay. You can use Revenue’s online LPT calculator to calculate your LPT charge for 2022 based on your valuation of your property. Once you have determined the value of your property, you can select the valuation band in which your property's value fits on the LPT calculator. 

Your valuation as at 1 November 2021 will apply for each year from 2022 to 2025. Your LPT charge during that period will not be affected by any:

  • repairs or improvements made to your property after 1 November 2021
  • general increase or decrease in property prices during this four-year period
  • or
  • event after 1 November 2021 that may reduce the market value of your property, for example, flooding, erosion or the emergence of structural damage.

Your LPT Charge may be increased or reduced each year if your local authority decides to vary standard rates of LPT. Please see the next page for more information.

Properties with a market value of €1.75 million or less 

The LPT charge for your property for each year from 2022 to 2025 is based on:

  • the basic LPT rate for the valuation band that you have self-assessed as applying to your property
  • and
  • any adjustment of the basic LPT rate that your Local Authority has applied. 

Properties with a market value greater than €1.75 million 

No banding applies to property values over €1.75 million. You should declare an actual valuation for your property. The LPT charge for your property for each year from 2022 to 2025 is based on:

  • the basic LPT rate for your self-assessed valuation of your property
  • and
  • any adjustment of the basic LPT rate that your Local Authority has applied

Information on how to calculate your LPT charge is available in the LPT valuation bands, rates and Local Adjustment Factor page.

Next: LPT valuation bands, rates and Local Adjustment Factor