Local Property Tax
Local Property Tax
This tax is effective 1 July 2013 and will be calculated by reference to the market value of the residential property at 1 May 2013. The value at 1 May 2013 will be valid for three years until 31 December 2019.
The property includes the property plus one acre.
The tax will be calculated at a rate of 0.18% of the market value up to €1m and 0.25% on values above that level. There are a number of bands up to €1m, however the tax is calculated at the midpoint of the band (see table below).
| Band No. | Band Range | Mid point |
2013 | 2014-19 |
| 01 | 0 – 100,000 | 50,000 | 45 | 90 |
| 02 | 100,001 – 150,000 | 125,000 | 112 | 225 |
| 03 | 150,001 – 200,000 | 175,000 | 157 | 315 |
| 04 | 200,001 – 250,000 | 225,000 | 202 | 405 |
| 05 | 250,001 – 300,000 | 275,000 | 247 | 495 |
| 06 | 300,001 – 350,000 | 325,000 | 292 | 585 |
| 07 | 350,001 – 400,000 | 375,000 | 337 | 675 |
| 08 | 400,001 – 450,000 | 425,000 | 382 | 765 |
| 09 | 450,001 – 500,000 | 475,000 | 427 | 855 |
| 10 | 500,001 – 550,000 | 525,000 | 472 | 945 |
| 11 | 550,001 – 600,000 | 575,000 | 517 | 1,035 |
| 12 | 600,001 – 650,000 | 625,000 | 562 | 1,125 |
| 13 | 650,001 – 700,000 | 675,000 | 607 | 1,215 |
| 14 | 700,001 – 750,000 | 725,000 | 652 | 1,305 |
| 15 | 750,001 – 800,000 | 775,000 | 697 | 1,395 |
| 16 | 800,001 – 850,000 | 825,000 | 742 | 1,485 |
| 17 | 850,001 – 900,000 | 875,000 | 787 | 1,575 |
| 18 | 900,001 – 950,000 | 925,000 | 832 | 1,665 |
| 19 | 950,001 – 1,000,000 | 975,000 | 877 | 1,755 |
Exemptions:
• First time purchasers of homes in 2013 to the end of 2016
• Purchasers of new or previously unoccupied homes – up to end of October 2019
• Houses in unfinished “ghost” estates
• Certain homes vacated for 12 months or more by persons who are elderly.
• Properties owned by charities
• Registered nursing homes
• Motor homes, vehicles or vessels.
• Homes with pyrite damage
• Homes subject to commercial rates
• Diplomatic properties
Homes adapted for incapacitated individuals where adaptation costs exceed 25% of the market value. The owner of the home is generally liable for the tax.
Payments may be made by way of salary or pension deduction.
There is a deferral scheme for those on low incomes.
Key Dates
11 January 2019: Extended deadline for payment of the 2018
liability in full, in one single payment or confirming that you will
pay in full by Single Debit Authority
1 January 2019: Phased payments by Deduction at Source and
cash payments through a Payment Service Provider to start in
January.
15 January 2019: Monthly Direct Debit payments commence
and continue on 15th each month thereafter.
21 March 2019: Single Debit Authority payment deducted.
