New thresholds

From Monday 23 October, General Clearance applies in the following situations:

Condition 1 applies if the sale price is €350,000 or less. From 13 November 2023, this threshold will increase to €400,000.

Condition 2 (A) applies if the property was liable for LPT on 1 May 2013 and the sale price does not exceed:

• the upper limit of the valuation band by 125% (or 125% above the actual declared value for properties above Band 19) declared as of 1 May 2013, and

• the upper limit of the valuation band by 15% (or 15% above the actual declared value for properties above Band 19) declared as of 1 November 2021.

Condition 2 (B) applies if the property was NOT liable for LPT on 1 May 2013 and the sale price does not exceed 15% of the upper limit of the valuation band (or 15% above the actual declared value for properties above Band 19) declared as of 1 November 2021.

More information

Updated information is available on the Revenue website.