This tax was introduced in 2022 and applies a tax to land that is zoned residential and has access to services (eg water/roads/lighting). The tax is 3% of the value. This tax is self-assessed – so a land owner must assess the market value and submit a return to Revenue.
The Tax becomes due 3 years after the land the land is zoned and deemed serviced. This means the first annual payment for many kicks in soon.
Owners of land that is deemed liable for the RZLT must file a return and pay any tax due by 23 May 2025.
If you are an owner of land what do you need to do?
- Check with your local authority if your land zoned as Residential on their dedicated RZLT map;
- If it is, check if it registered for Local Property Tax;
- If it is, then you do not have to pay RZLT;
- If your land is registered for Local Property Tax, but is greater is size than 1 Acre – then you need to file a return only;
- If it is not registered for LPT, then you must file a return and pay the RZLT by 23rd May 2025.
The RZLT maps for those liable for the tax in 2026 have been published and can also be checked.
Vendors of land that is Liable for RZLT
If you are selling land that is liable for RZLT, the you must notify the Revenue Commissioners in advance of completing the sale – you will need help from you solicitor to so this. McGrath Mullan are ready to help, please contact us here – info@mcrathmullan.ie or call us here +353 (0) 1 873 5012
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