The good news is that once you complete your property valuation for the new property tax period, you won’t have to do it again until 2030.

The bad news, of course, is that you have to do it in the first place – and it’s also likely that your annual bill will increase.

Yes, Revenue is calling on all property owners to value their properties, as of November 1st, 2025, and file an accompanying tax return by November 7th.

This new value will determine how much property tax you will have to pay over the next five years.

So, it’s important to get it right.

Fortunately, while property values have soared by about 20 per cent nationally since the last valuation period in 2021, valuation bands have also been widened. This means that more homeowners will be kept in the same band.

So the increases mightn’t be as dramatic as they otherwise would have been. But remember, it’s not just about what Revenue tells you – councils also have discretion to increase – or decrease – your bill. And this discretion is soon to increase to a possible 25 per cent hike.

And if the increase in your house price has pushed you into another band, you’ll face a sharper hike again.

As a result, most homeowners will still pay more from next year. But how much? And who will end up paying the most?

Revaluation

If you haven’t yet done your revaluation for your home, the first step is to have a look at Revenue’s suggested valuation.