Revenue Information
Local Property Tax 2013
Exemptions
From 1 July 2013, residential property owners will be liable for an annual Local Property Tax based on the self-assessed market value of their property on 1 May 2013. Revenue will make it as easy as possible for our customers to file their LPT return and will offer a range of methods for paying the tax, including phased payment arrangements. Revenue will write to residential property owners in March 2013 and will include detailed information on LPT at that time.
Property values are grouped into value bands. A rate of 0.18% will apply to the midpoint of the value band. To calculate how much you will have to pay for 2013 select the value band appropriate to the market value of your property and read across. For properties valued at over €1m the LPT liability will be calculated as follows: 0.18% on the first €1m and 0.25% on the portion above €1m.
| Value Band | Half year charge due in 2013 |
| 0 to 100,000 | 45 |
| 100,001 to 150,000 | 112 |
| 150,001 to 200,000 | 157 |
| 200,001 to 250,000 | 202 |
| 250,001 to 300,000 | 247 |
| 300,001 to 350,000 | 292 |
| 350,001 to 400,000 | 337 |
| 400,001 to 450,000 | 382 |
| 450,001 to 500,000 | 427 |
| 500,001 to 550,000 | 472 |
| 550,001 to 600,000 | 517 |
| 600,001 to 650,000 | 562 |
| 660,001 to 700,000 | 607 |
| 700,001 to 750,000 | 652 |
| 750,001 to 800,000 | 697 |
| 800,001 to 850,000 | 742 |
| 850,001 to 900,000 | 787 |
| 900,001 to 950,000 | 832 |
| 950,001 to 1,000,000 | 877 |
| >€1M - 0.18% on the first €1m | 0.25% on the portion above €1m |
Exemptions
Certain properties will be exempt from LPT. These exemptions largely correspond to exemptions from the Household Charge. Exemptions will also apply to new and previously unused properties purchased from a builder or developer between 2013 and 2016, and to second-hand properties purchased in 2013 by a first time buyer.
Deferrals
A system of deferral arrangements for owner-occupiers will be implemented to address cases where there is an inability to pay the LPT under specified conditions (e.g. where the gross income does not exceed €15,000 -single and €25,000 - couple). Some owner-occupiers may be eligible to apply for marginal relief, which will allow them to defer up to 50% of their LPT liability. It should be noted that interest will be charged on deferred amounts at a rate of 4% per annum.
www.revenue.ie
Deferrals
