Local Property Tax: Why do I need to revalue my property and how do I do it?

The Revenue Commissioners have begun sending letters to homeowners about the changes to the Local Property Tax.

Revenue confirmed that 30% of the expected number of properties liable for Local Property Tax (LPT) have been filed ahead of the November 7 tax return deadline.

This will update the valuation of homeowner's properties in order to set a new Local Property Tax rate until 2025.