Property tax is being hiked in Dublin - if you own a house here's how much you'll pay next year
Councillors are expected to vote to remove a 15% discount on the tax for the first time in over a decade.
The council's ruling group, comprising Fine Gael, Fianna Fáil, Labour and the Green Party,
agreed after last year's local elections to apply the baseline rate with no discount
this year for the first time.
The
Local Property Tax
(LPT) was introduced in 2013 – at the
behest of the Troika
- and councillors have the power to reduce or increase it by 15% either side of the baseline level; they has consistently voted to keep a reduced rate in recent years.
Dublin City Council management has long argued that the vast majority of homeowners would not be hit with substantial additional charges if councillors agreed to reduce the discount applied.
According to the council, the decision to lift the discount now is expected to bring in up to €16.4m in extra funding for the city, which will be allocated to areas such as improving the council's housing stock, tackling dereliction and improving footpaths.
The cost of property tax is based on the value of a person's home.
Dublin City Council said 75% of eligible households will see an increase of between €18 and €83 per year in their property tax as a result of the vote passing, with the remaining 25% set to pay €523 or higher annually.
For example, those with a home worth
between €240,001 and €315,000
will pay
€235
from next year, an annual increase of €43.75.
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Homeowners with a property valued
between €420,001 and €525,000
will pay
€428
in property tax, an increase of €83.75.
Figures released last month revealed that the
average price of a second-hand home in Dublin
is now
€600,047
. Anyone who owns a home worth that amount will see their property tax rise to
€523
a year.
Houses worth
between €1,050,001 and €1,155,000
will have a property tax charge of
€998
, up €194.75 annually.
For anyone with a house valued at
between €1,995,001 and €2,100,000
, annual property tax will cost
€3,110
.
You can find a full list of the property bands and how much each will pay
here
.
'The additional revenue raised by ending the LPT tax cut will go towards improving every aspect of Dublin, from the quality of the footpaths and roads, to the quality of the homes that people are living in,' Green Party group leader Janet Horner said.
'No one should be living in damp, mouldy or cold conditions in our Council housing and the revenue we are raising here takes a meaningful step to end that injustice,' the north inner city councillor said.
Fine Gael group leader Colm O'Rourke said communities across Dublin have consistently and repeatedly called for improvements in a range of local services, 'and it's time those calls were properly answered'.
'These aren't minor issues, they go to the heart of safety, accessibility and local pride. This investment is about listening to residents and delivering meaningful improvements that strengthen communities right across the city,' the Cabra-Glasnevin councillor said.
Property tax for 2026 is owed on 1 November. The
government changed property tax bands
earlier this year to moderate the increase in the amount of tax payable as a result of increasing house prices.
A possible left-leaning ruling coalition on Dublin City council last year including Sinn Féin
fell apart over the question of property tax
. Sinn Féin wanted to continue to apply the 15% property tax discount.
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