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Irish property is taxed at four points: while you own a home you pay Local Property Tax (LPT); when you buy you pay stamp duty; when you sell at a gain you may pay Capital Gains Tax (CGT); and if you let it, the rent is taxed as income. This guide sets out the 2026 rates for each one, verified against Revenue on 10 November 2026, and the reliefs that most often reduce the bill.
Local Property Tax (LPT) for 2026 to 2030
LPT is an annual tax on residential property. For 2026 to 2030 it is based on what your home was worth on 1 November 2025. Revenue places each property in a valuation band, and each band has a fixed basic charge. The bands were widened by 20% for this valuation period and the basic rate fell to 0.0906%.
| Value on 1 November 2025 | Basic annual LPT |
|---|---|
| Up to €240,000 | €95 |
| €240,001 to €315,000 | €235 |
| €315,001 to €420,000 | €333 |
| €420,001 to €525,000 | €428 |
| €525,001 to €630,000 | €523 |
| €945,001 to €1,050,000 | €903 |
| €1,155,001 to €1,260,000 | €1,094 |
| €1,995,001 to €2,100,000 | €3,110 |
Revenue publishes all 19 bands. Above €2.1 million there is no band: the charge is 0.0906% of the first €1.26 million, 0.25% of the value between €1.26 million and €2.1 million, and 0.3% of the value above €2.1 million. Your local authority can raise the basic rate by up to 25% or cut it by up to 15%, so your actual bill depends on where the property is. Our free LPT calculator gives a quick estimate.
Stamp duty when you buy property
Stamp duty is paid by the buyer. For residential property bought on or after 2 October 2024 the rates are 1% on the price up to €1 million, 2% on the part between €1 million and €1.5 million, and 6% on any amount over €1.5 million. Non-residential property, such as offices, shops and most commercial land, is charged at 7.5%.
- A €400,000 home: €4,000 stamp duty (1%).
- A €1,200,000 home: €10,000 on the first €1 million plus €4,000 on the next €200,000, so €14,000.
- A €500,000 commercial unit: €37,500 (7.5%).
Different rules apply to bulk purchases of houses and to buying three or more apartments in one block, so take advice before signing contracts in those cases. New homes bought from a builder also include VAT at 13.5% in the price.
Capital Gains Tax when you sell
If you sell a property for more than it cost, the gain may be liable to CGT. Revenue states that the rate for most gains changed from 33% to 31% on 7 October 2026, following Budget 2027. Gains on disposals before that date, and gains on development land, are taxed at 33%. Each individual has an annual exemption of €1,270.
Your main home is usually exempt through Principal Private Residence Relief, as long as it was your home for the whole period of ownership. A rental property, holiday home or inherited house that you never lived in does not get this relief. You can deduct the purchase costs, legal fees, stamp duty paid and the cost of improvements when working out the gain. Our CGT calculator shows the effect of the 31% rate and the annual exemption.
Tax on rental income
Rental profit is added to your other income and taxed through income tax, USC and, for most people, PRSI. You file a Form 11 tax return each year and can deduct expenses such as mortgage interest on residential lettings (subject to conditions), repairs, insurance, agent fees and RTB registration. Furniture and fittings qualify for wear and tear allowances spread over eight years.
If you let a room in your own home to a lodger, Rent-a-Room Relief makes the income tax-free up to €14,000 a year in 2026, measured on gross rent before expenses. If you go over the limit, the whole amount becomes taxable. Budget 2027 announced an increase to €16,000 from 1 January 2027. Short-term lets through platforms such as Airbnb do not qualify for this relief.
Frequently asked questions
Do I pay Local Property Tax on a rented property?
Yes. The owner of the property is liable for LPT, not the tenant. Landlords pay LPT on each residential property they own, using the same valuation bands as owner-occupiers.
What is the CGT rate on selling a house in Ireland?
For most disposals on or after 7 October 2026 the rate is 31%, after the €1,270 annual exemption. Disposals before that date were taxed at 33%, and development land remains at 33%. Selling your own home is usually exempt under Principal Private Residence Relief.
Is stamp duty charged on the full price of a house?
Stamp duty is charged on the price excluding VAT. For residential property it is 1% up to €1 million, 2% on the next €500,000 and 6% above €1.5 million.
How Bradán Accountants can help
We prepare income tax returns for landlords, calculate CGT on property sales and advise on the most tax-efficient way to hold property, personally or through a company where corporation tax may apply. Contact our Galway or Dublin office to talk through your situation.
Official sources
- Revenue: Valuation bands and basic rates for LPT, 2026 to 2030 (revenue.ie/en/property/local-property-tax/valuing-your-property/valuation-bands-rates.aspx)
- Revenue: Stamp duty rates on property (revenue.ie/en/property/stamp-duty/property/stamp-duty-property/rates.aspx)
- Revenue: How to calculate CGT (revenue.ie/en/gains-gifts-and-inheritance/transfering-an-asset/how-to-calculate-cgt.aspx)
- Revenue: Rent-a-Room Relief (revenue.ie/en/personal-tax-credits-reliefs-and-exemptions/land-and-property/rent-a-room-relief/index.aspx)
- Citizens Information: Budget 2027
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