Revenue is set to write to over 200,000 taxpayers yet to pay the local property tax as it seeks to improve on the strong compliance rates achieved so far this year. The local property tax (LPT) is a self-assessment tax charged annually based on a property’s value, with an estimated two million properties liable for the tax. By international standards, Ireland has a very low property tax rate. Yet, it still brought in €511 million last year. It is also an important guide for other taxation measures. For the vacant property tax, for example, officials used LPT returns to estimate…

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