Are you claiming exemption from property tax?

by admin

Are you claiming exemption from property tax?

by admin

by admin

An exemption from paying Local Property Tax was introduced to all homeowners that purchased a property in 2013. This exemption is due to end this year and therefore homeowners that purchased their home in 2013 will be liable for property tax for the 1st time in 2020.

As reported in the Irish Times this week, Revenue have written to these homeowners requesting they confirm that the property is their main residence since 2013 and the date they purchased it, thus confirming they were entitled to claim exemption from property tax since 2013. It is thought that there are approximately 12,000 homeowners claiming this exemption currently.

Penalties for false claims can be up to €3,000. Ensure you liaise with Revenue to ensure your record is up to date.

Why not also read more on Local Property tax here

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