Local Property Tax - what you need to do for 2023
The liability date for Local Property Tax (LPT) is 1 November each year. This means that your property is liable for LPT for 2023 if it is a residential property on 1 November 2022.
You need to pay the LPT charge for 2023 if you are the liable person for LPT on 1 November 2022. You are still the liable person if you sell or transfer your property between 1 November 2022 and 31 October 2023.
To check if you and your property are liable for LPT, please see Liability for Local Property Tax (LPT).
Your LPT charge is based on your valuation of your property as at 1 November 2021. Your valuation of your property on this date determines your LPT charge for each year to 2025.
This applies to newly built or renovated properties uninhabitable on 1 November 2021, but suitable for use as a dwelling on 1 November 2022.
What you need to do for 2023 will depend on whether your property:
- was liable for LPT in 2022
- has become liable for LPT for the first time in 2023.
If your property has become liable for LPT, you should have valued your property and submitted your LPT Return by 2 December 2022. If you have not yet filed your return, you should do so immediately.
Next: Properties that have become liable