The Revenue Commissioners publish a quarterly report on property tax statistics. Their latest report was published in October 2025 and is available at the following link: www.revenue.ie/en/corporate/documents/statistics/property-taxes/pt-stats-update-211025.pdf
This report indicates that, in respect of the Local Property Tax (LPT) year 2025, there were 1,458,919 public and private owners in respect of 2,033,145 properties based on LPT returns filed. The distribution of owners is given in the following table:
|
Property ownership
|
Number of owners
|
Percentage
|
|
1
|
1,285,219
|
88.09%
|
|
2
|
122,721
|
8.41%
|
|
3
|
26,937
|
1.85%
|
|
4
|
9,784
|
0.67%
|
|
5-9
|
10,686
|
0.73%
|
|
10-19
|
2,296
|
0.16%
|
|
20-49
|
835
|
0.06%
|
|
50-99
|
203
|
0.01%
|
|
100 or greater
|
238
|
0.02%
|
|
All ownership
|
1,458,919
|
100.00%
|
I am advised by Revenue that they will be furnishing the next quarterly report on Property Tax statistics report in Q1 2026. Revenue will undertake to carry out further, more detailed analysis on property ownership, in addition to that provided in their latest property statistics paper, as requested by the Deputy.
Regarding the matter of property distribution, LPT is payable based on the market value of properties and represents a tax on wealth. LPT is payable in respect of each property owned by multi-property owners. Furthermore, Capital Gains Tax and Capital Acquisitions Tax also represent taxes on household wealth.
LPT revaluation took place on 1 November 2025, with the next valuation period commencing in 2026 for a duration of five years. The Finance (Local Property Tax and Other Provisions) Act 2025 was enacted in July 2025 and provided for a number of changes to LPT. Base LPT charges will increase by 5% or 6% for homes values under €1.26 million. Properties valued at greater than €1.26 million, or properties that have appreciated significantly in value since 2021, will pay proportionately higher LPT. These changes are expected to yield an additional €45 million in revenue.
The changes that were made this year were fair and progressive. Owners of multiple properties will also see their base LPT charges increase for each property they own. This will contribute to the additional funding for local services over the next five years.
