The liability date for Local Property Tax (LPT) is 1st November each year. In this week’s blog, Nuala, McGowan, CPA, ACA, AIA and founder of McGowan Accountancy Services gives an overview of the tax.

Your property is liable for LPT in 2026 if it is a residential property on 1st November 2025. To check if you and your property are liable for LPT, please see Local Property Tax (LPT) liability.

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 each year from 2026 to 2030.

If you are liable for LPT on 1st November 2025, you must complete the following three steps for your property, for the year 2026:

  1. Determine the value of your property, as at the valuation date 1st November 2025.

  2. Submit this valuation to Revenue on your LPT return, by 7th November 2025.

  3. Confirm your LPT payment arrangement for the year 2026.

LPT exemptions

There are certain exemptions available from the LPT charge. If your property qualifies for an exemption, you should select the relevant exemption on your LPT Return. For further information, please see Local Property Tax exemptions.

Residential properties that are liable for LPT

A residential property is liable for LPT if, on 1 November each year, it is:

  • occupied as a dwelling, even if it is in bad condition

  • or

  • not occupied, but is suitable for use as a dwelling.

A single building may contain several separate residential properties within it such as apartments or flats. Each separate dwelling should be treated as a separate residential property that incurs a separate LPT liability.

For more information contact Nuala McGowan on 090 66 25818 or 086 0352849 or email nuala@mcgowanaccountancy.com