Valuing your property

What are the rates of Local Property Tax (LPT)?

The amount of LPT you pay depends on the value declared for the property on 1 May 2013. Property values are organised into valuation bands. An LPT rate is assigned to each band.

No banding applies to property values over €1 million. You must declare an actual valuation for your property.

The actual value is assessed at 0.18% on the first €1 million in value and 0.25% on the portion of the value above €1 million.

From 2015 onwards, local authorities can vary the LPT base rate on residential properties. The base rate is the rate as applied in 2014. The local authority can increase or decrease the LPT rate by up to 15% from the base rate. This is referred to as the Local Adjustment Factor (LAF).

You can use the online calculator to calculate your annual LPT liability.

Valuation band and LPT charge for 2013 and 2014
Valuation band numberValuation band, €LPT charge in 2013. Half year charge.LPT charge in 2014 (base year). Full year charge.
01 0 - 100,000 45 90
02 100,001 - 150,000 112 225
03 150,001 - 200,000 157 315
04 200,001 - 250,000 202 405
05 250,001 - 300,000 247 495
06 300,001 - 350,000 292 585
07 350,001 - 400,000 337 675
08 400,001 - 450,000 382 765
09 450,001 - 500,000 427 855
10 500,001 - 550,000 472 945
11 550,001 - 600,000 517 1,035
12 600,001 - 650,000 562 1,125
13 650,001 - 700,000 607 1,215
14 700,001 - 750,000 652 1,305
15 750,001 - 800,000 697 1,395
16 800,001 - 850,000 742 1,485
17 850,001 - 900,000 787 1,575
18 900,001 - 950,000 832 1,665
19 950,001 - 1,000,000 877 1,755

Next: Has your Local Authority Rate changed?