Local Property Tax

The local property tax (LPT) is annual self-assessed tax charged on the market value of all residential properties in Ireland. It came into effect on 1st July 2013 and is collected by the Revenue Commissioners.

The Revenue Commissioners offer a range of methods for paying LPT. You can opt to make one single payment or spread your payments over the year. You can pay for single or multiple properties with one payment method. If you are a multi property owner, all payments and payment methods must be set up online. Anyone can make a payment for LPT once they are authorised by the liable person.

Local Property Tax adjustment factor

The Finance (Local Property Tax) Act 2012 (as amended), makes specific provision that elected members of a local authority may pass a formal resolution to vary the basic rate of the Local Property Tax for their administrative area by a percentage known as the local adjustment factor. The members of Waterford City and County Council will meet in September 2017 to consider this matter. They may set a local adjustment factor within the range of +/- 15% of the basic rate, or may decide not to adjust the basic rate.

In 2018, Waterford City and County Council ran a public consultation (July 24th to August 25th), calling for submissions from the public on this matter specifically covering the potential effects of varying the basic rate of the Local Property Tax on businesses, individuals and on local authority services. Documents relating to that submission period can be seen below (now expired).

  • Advertisement - Notice of Consideration of setting a Local Adjustment Factor
  • LPT - Frequently Asked Questions