Local Property Tax (LPT) is an annual charge administered by Revenue on residential properties, including homes in Waterford. The amount generally depends on the property’s valuation band, the local authority adjustment, and whether an exemption or deferral applies to your circumstances. Waterford City and County Council may set an adjustment to the national calculation, so amounts can vary between areas and valuation periods. Check your liability, payment options and the latest rates on revenue.ie, and contact Revenue or Citizens Information if you are unsure how the rules apply.