Tipp Landowners Advised To Prepare For Residential Zoned Land Tax

Tipperary County Council Civic Offices, Tipperary Town. Image © Tipp Mid West Radio

Land owners in county Tipperary are advised to consult a newly published ‘draft map’, prepared by Tipperary County Council to identify all lands that are zoned residential.

The map has been produced as a Residential Zoned Land Tax is to come into effect in 2024.

The new tax will be an annual tax.

It is calculated at 3% of the market value of land within its scope. Essentially RZLT will apply to land that on, or after, 1 January 2022, is zoned for residential use and serviced.

The published map comprises maps for 20 urban settlements in the County.

Due to capacity constraints in the respective wastewater treatment plants, no sites in the towns of Newport, Ballina, Cloughjordan or Fethard are identified as being ‘in-scope’ for the tax.

These towns will be revisited once upgrades to the treatment plants have been completed.

The draft maps are also available for inspection online on www.tipperarycoco.ie and at the five civic offices in Nenagh, Thurles, Tipperary Town, Clonmel and Carrick on Suir.

The Government’s Housing For All – A New Housing Plan for Ireland proposed a new tax to activate vacant land for residential purposes as a part of the Pathway to Increasing New Housing Supply.

The process to identify land to which the tax applies is now underway.

The objective of the tax is to activate land that is serviced and zoned for residential use or mixed use, including residential use, in order to increase housing supply and to ensure regeneration of vacant and idle lands in urban locations.

These locations have been identified within statutory land use plans as being appropriate locations for housing and they have benefitted from investment in the key services to support the delivery of housing.

Tipperary County council advises that residential properties, that are included on the draft map shall not be chargeable to the Residential Zoned Land Tax.

Land owners are advised to consult the draft map and can make a submission not later than January 1st 2023 if they wish to either seek the exclusion or inclusion of the land from the map or to clarify the date on which a site first satisfied the relevant criteria.