LPT query

mrcheez · 30-09-2021 9:54pm #1

I just completed my LPT based on the price a few identical properties sold for on my street this past year.

The price band ended up being 1 lower than the band that I've been automatically charged for the past few years.

Do you think revenue would offer a refund of the difference paid those years?

gudede · 30-09-2021 10:16pm

Nope, it’s self assessment and you picked the previous level. The rates are only in place for 3 years, they also changed and increased the number of bands this year.

mrcheez · 01-10-2021 9:02am

https://www.boards.ie/discussion/comment/117961299#Comment_117961299

ah that explains it then.. I dropped into a lower band due to the increase in bands

06-10-2021 12:38pm

https://www.boards.ie/discussion/comment/117962079#Comment_117962079

Same happened with me. Bought house recently at it just happens to be on the higher figure of the band. Result is I pay less lpt.

tuisginideach · 29-10-2021 9:52pm

Same seems to be my case - I came on here as I thought I must be doing something wrong - my apt was in band 4 - 200K- €250K which was costing me €405 but now seems to be in Band 2 - under 262K which will only cost me €225, or possibly Band 3 which would be €315. Could that be right?

Window1 · 01-11-2021 2:56pm

Just wondering if anyone has any explanation for this please.

When I look up our property on Revenue's property value guide map https://lpt.revenue.ie/lpt-web/valuation-guide/index.htm all of our estate falls into the same value band. Yet when I go to Revenue's website to self assess the house value, it is prepopulated as being in the higher value band above the one on Revenue's guide map.

I know I can aer the value band with my self assessment value but I am just wondering how can 2 instruments of Revenue (the map and the prepopulated value) differ from each other? I thought their pre populated value would be based on their map?! I don't believe the prepopulated value has anything to do with our specific house as the house is pretty much identical to most others in the estate!

mrcheez · 01-11-2021 2:59pm

https://www.boards.ie/discussion/comment/118102401#Comment_118102401

The pre-populated band for our estate was on the band above what all the houses in the estate were being sold for. By around 40K!

So it seems to be considerably off and you can probably ignore it.

Window1 · 01-11-2021 4:46pm

https://www.boards.ie/discussion/comment/118102422#Comment_118102422

Thanks. What was puzzling me in particular was how the Revenue was the source of the 2 pieces of differing data - their map which gave one band value and their prepopulated page which gave a higher band value. I would have thought that Revenue would have the same band value (be it the higher one or the lower one) in both of their sources.

mrcheez · 01-11-2021 5:24pm

https://www.boards.ie/discussion/comment/118102969#Comment_118102969

Having contracted in the public sector, that wouldn't surprise me at all between differing departments.

LPT query

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