Herein it is shown that hydrotalcite‐like compounds (HTlcs), doped with a suitably reactive metal, can efficiently act as water oxidation catalysts. As a case study, a ternary HTlc of formula [Zn0.667Al0.306Ir0.027(OH)2]Cl0.333⋅0.6 H2O, in which iridium is homogeneously distributed into the octahedral sites of brucite‐type sheets, was prepared and tested as a heterogeneous water oxidation catalyst, using NaIO4 as a sacrificial oxidant. This HTlc showed excellent performance in terms of turnover frequency (up to 113 min−1), turnover number (>11 900), stability and recyclability.