Homeowners have until 7th November to value their property for Local Property Tax (LPT) and submit a return to Revenue. In this week’s blog, Nuala McGowan, CPA, ACA, AIA and founder of McGowan Accountancy Services urges homeowners to file their return in a timely manner and highlights the key dates in the process.
LPT is a self-assessed tax based on your own valuation of your property. Your LPT charge is based on your valuation of your property as at 1st November 2025. Your valuation of your property on this date determines your LPT charge for the years 2026 to 2030.
You are required to submit a self-assessed valuation of your property to Revenue on your LPT Return. Your LPT Return is due by 7th November 2025. This return covers the years 2026 to 2030.
The last valuation date for LPT was 1st November 2021. The value of your property on this date determined your LPT charge for the years 2022 to 2025.
The amount of LPT you pay depends on the valuation band you select on your LPT Return.
For more information contact Nuala McGowan on 090 66 25818 or 086 0352849 or email nuala@mcgowanaccountancy.com