2015 LOCAL PROPERTY TAX CHARGES & REDUCTIONS
HOW MUCH WILL YOU HAVE TO PAY?
LOCAL PROPERTY TAX DEADLINE
This article is based on the Revenue local property tax guidelines for the year 2015.
EXTENDED TO 9th JANUARY
The LPT you will be due to pay for 2015 will be based on two things: the LPT rate charged by the local authority for
your property's location and the property value that you
declared when the LPT scheme was established.
The actual amount of LPT that you will be charged is
worked out by taking the mid-point of the property
valuation band your property falls into and then
applying the appropriate tax rate.
Private residential properties with a declared valuation in excess of € 1m are assessed at the actual value at 0.18% for the first € 1m in property value, followed by 0.25% on the remainder of the valuation.
The following local authorities have reduced the Local Property Tax rate:
Local Authority LPT Reduction Clare 15 % Cork City 10 % Cork County 10 % Dublin City 15 % Dun Laoghaire Rathdown 15 % Fingal 15 % Kildare 7.5 % Limerick 3 % Longford 3 % Louth 1.5 % Mayo 3 % South Dublin 15 % Westmeath 3 % Wicklow 15 %
2015 LOCAL PROPERTY TAX CHARGES & REDUCTIONS | HOW MUCH WILL YOU HAVE TO PAY?
|Valuation Band||Normal Rate||1.5 % Reduction||3 % Reduction||7.5 % Reduction||10 % Reduction||15 % Reduction|
|0 to 100,000||90||88||87||83||81||76|
|100,001 to 150,000||225||221||218||208||202||191|
|150,001 to 200,000||315||310||305||291||283||267|
|200,001 to 250,000||405||398||392||374||364||344|
|250,001 to 300,000||495||487||480||457||445||420|
|300,001 to 350,000||585||576||567||541||526||497|
|350,001 to 400,000||675||664||654||624||607||573|
|400,001 to 450,000||765||753||742||707||668||650|
|450,001 to 500,000||855||842||829||790||769||726|
|500,001 to 550,000||945||930||916||874||850||803|
|550,001 to 600,000||1,035||1,019||1,003||957||931||879|
|600,001 to 650,000||1,125||1,108||1,091||1,040||1,012||956|
|650,001 to 700,000||1,215||1,196||1,178||1,123||1,093||1,032|
|700,001 to 750,000||1,305||1,285||1,265||1,207||1,174||1,109|
|750,001 to 800,000||1,395||1,374||1,353||1,290||1,255||1,185|
|800,001 to 850,000||1,485||1,462||1,440||1,373||1,336||1,262|
|850,001 to 900,000||1,575||1,551||1,527||1,456||1,417||1,338|
|900,001 to 950,000||1,665||1,640||1,615||1,540||1,498||1,415|
|950,001 to 1,000,000||1,755||1,728||1,702||1,623||1,579||1,491|
Revenue have stated that they will make the changes automatically. The Revenue Helpline number for more information is: 1890 200 255
This summary is based on recent articles in the Irish Times newspaper and on the Revenue website. The information provided on this page is liable to change at any time.
All information supplied by IrishHouse.ie/PropertyRegister.ie is subject to errors & omissions and does not constitute legal, investment or any other form of advice. Always obtain independent professional advice for your own particular situation.