New Residential Zoned Land Tax Coming Into Effect In 2024

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The new residential zoned land tax will come into effect in 2024. The tax was introduced to activate housing development.  The tax will be levied on an annual basis at a rate of 3% of the market value of the land if the land is zoned for residential use and serviced on or before January 1st 2022.  Tipperary County council has published a map showing all land that is currently zoned residential on it’s website and is also making the map available for inspection at the five council offices  from now until December 23rd and again on December 30th. 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.

Any landowner wishing to make a submission in respect of their land must do so by January 1st 2023.  They can suggest a correction on the map, request a change of zoning or identify other land that should be subject to the tax.

Homeowners will not have to pay the Residential Zoned land tax if they own a property which appears on the local council’s Residential Zoned Land Tax maps but which is subject to the Local Property Tax. Gardens or yards, greater in size than 0.4047 hectares attached to a property liable for LPT must be registered for the RZLT but will not be liable to pay the tax.  Maps for county Tipperary can be found here.