Sept 2023

What Is The Vacant Homes Tax?

Revenue have recently published details of their new Tax & Duty Manual in relation to the Vacant Homes Tax(VHT) which was introduced by the Finance Act 2022 and its first chargeable period will apply from 1 November 2022-31 October 2023.

What Is the Vacant Homes Tax (VHT)?:

This tax is an annual tax that applies to residential properties in use as a dwelling for less than 30 days in a 12-month chargeable period.  VHT is charged at three times the base Local Property Tax(LPT) rate for the property in question.  Please note that this charge if applicable is charged in addition to any LPT due on the property.

It is important to note that the person liable for VHT will be the same as the liable person for LPT purposes.  See section 3 of Revenues Tax and Duty manual for VHT for more information.

How To Determine If  VHT Applies To Your Property:

Does VHT apply to my property?

More detailed information (including examples)on VHT applying to a property can be found in Section 2 of Revenues Tax and Duty manual for VHT.  

VHT Exemptions:

8 exemptions exist which if apply in the case of your property will allow you to claim exemption from this payment. 

VHT Exemptions list

How Is My Payment Calculated?

Your VHT payment is calculated as 3 times your LPT rate(excluding any local adjustment factor).

When Is My Payment Due?

Your VHT must be paid on or before 1 January immediately following the chargeable period.  Therefore for the period 1 November 2022 to 31 October 2023 the VHT payment will fall due on or before 1 January 2024.

How Can I Make My Payment?

Payment can be made on line using:

  • Credit or Debit card
  • Entering into an Advance Debit Instruction(ADI) or
  • Monthly through a Direct Debit arrangement.

Should you require any further information in relation to this payment please do not hesitate to contact us directly and a DBASS advisor will be happy to discuss this subject in more detail with you.  You can contact us on <o1 849 88 00 or>