Residential Zoned Land Tax Draft Map for Cork County now available for public to view

Landowners have until January 1st, 2023, to check map and make a submission 

Mayor of the County of Cork, Cllr Danny Collins is asking members of the public to check the draft maps that show lands in County Cork which will be subject to the new Residential Zoned Land Tax with the last date for submissions of January 1st 2023. 

Commenting on the new Residential Zoned Land Tax (RZLT), Mayor Collins highlighted how, 

The RZLT is a commitment under Housing for All, the Government’s housing plan to 2030.  This new tax aims to increase housing supply by making zoned, serviced residential development lands, including mixed-use lands, available for housing. Greenfield and brownfield land, which is identified and zoned for housing, including land zoned mixed-use, will be subject to this tax from 2024.

The Draft RZLT Map is available to view on this the following webpage 'Residential Zoned Land Tax' and in Cork County Council’s public offices. The draft maps show lands that will be subject to the new Residential Zoned Land Tax.

Homeowners will not have to pay the Residential Zoned Land Tax if they own a residential property which appears on the Council’s Residential Zoned Land Tax Maps, but which is subject to the Local Property Tax (LPT). If a homeowner owns such a residential property, and the land/gardens/yards attached to it are greater than 0.4047 hectares, they will have to register for the Residential Zoned Land Tax with the Revenue Commissioners, but they will not be liable to pay the tax. It will be possible to register for the tax from late 2023 onwards. 

Landowners and third parties have until January 1st, 2023, to make a submission to Cork County Council about whether or not land on the map meets the criteria for being subject to the tax.

Submissions can include:

  • A correction to the Draft Residential Zoned Land Tax Map, if it is considered that the land included on the map does not meet the criteria, or disagreement with the date on which the map states the land met the criteria
  • Request a change of zoning of land so that it is not subject to the tax
  • Identify other land that should be subject to the tax

Chief Executive of Cork County Council Tim Lucey said,

 

I strongly urge members of the public to inspect the Draft Residential Zoned Land Tax Map and, if required, make a submission before January 1st, 2023. Increased housing supply is needed in order to meet housing needs and this new tax aims to incentivise landowners to develop housing on serviced lands zoned for housing, with and without planning permission.

The Residential Zoned Land Tax is an annual tax, which will be first due in 2024, for lands included on the final maps to be published by Cork County Council on December 1st ,2023. The Residential Zoned Land Tax will apply annually at a rate of 3% of the market value of the land and will be administered on a self-assessed basis through the Revenue Commissioners (local authorities have no role in the assessment of tax liability or its collection). 

Cork County Council’s Draft Residential Zoned Land Tax Map can be viewed on Cork County Council’s website or at its public offices.

More information on the measure can also be found at Gov.ie.

Residential Zoned Land Tax