The Finance (Local Property Tax) Act 2012

The Local Property Tax (LPT) as announced in the budget in December will come into effect from 1 July 2013 and will apply to all residential properties. The Revenue Commissioners have announced that they will write to residential property owners in March 2013 and that there will be an extensive campaign to advise people as to how to make their LPT Return and how to pay the tax (including phased payment arrangements).