Property Tax Returns Surge as Deadline Approaches

November 4, 2025 Victoria Sterling -Business Editor Business

HereS a summary of the provided text:

Key Points:

* LPT Returns Surge: The ​number of‌ Local ⁣property Tax (LPT) returns filed has nearly⁣ doubled as last Wednesday, peaking at⁢ almost⁣ 80,000 yesterday.
* Portal Issues: Some homeowners ​are reporting problems with the LPT portal, despite Revenue stating it’s the quickest way to file (usually under 10 minutes). However,a high success rate is reported⁢ – over 35,300 out of⁤ 35,800 logins yesterday resulted in completed submissions.
* Rising ⁤Property Values & Tax Concerns: A important increase ‌in property values (36% since ⁢the last valuation) and many local authorities maximizing their 15% charge increase are causing concern that property tax bills ⁣will rise⁤ substantially.
* Revenue Monitoring: Revenue⁣ is monitoring ⁤the LPT system’s⁣ functionality as filing⁣ rates are expected to continue increasing this week.

In essence,the article discusses a rush to file​ LPT returns,coupled with anxieties ⁤about​ potentially higher tax bills due ⁣to increased property values and local authority charges.

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