The amount is almost 10 per cent more than 2025’s total, with two-thirds of the increase generated by revaluations and newly liable properties.

The IPOA has proposed a number of practical measures to "level the playing field" for landlords and make the rental market more sustainable.

In recent months, the finance committees of Dublin’s four local authorities have planned a united front for legislation that would clear the way for a new income stream.

Waterford Council raises Local Property Tax by 5%, fixing rate for next 5 years