Local Property Tax (LPT) - TheJournal.ie

Local Property Tax – Frequently Asked Questionsperiod and without challenge to their right of occupation will be treated as ifthe occupant owns the property. In these circumstances, the occupant will beliable for LPT.• Where the residential property is rented on a normal short-term (less than 20year) lease, the landlord will be liable for LPT.• If you are acting as a personal representative for a deceased owner (e.g.executor/administrator of an estate) you will be liable for LPT.2.2 What if I jointly own the property?• Where there is more than one owner of the residential property, they need toagree who will make the relevant LPT Return and pay the tax.• If no one pays, Revenue can proceed to collect the tax due from any of theowners.3. Exemptions3.1 Will any properties be exempt from LPT?Certain properties will be exempt from assessment. These are• Newly constructed, unoccupied and unsold residential properties.• Where ownership is vested in a public body or an approved charitablebody and used to provide accommodation to people with special housingneeds such as the elderly or people with disabilities.• Where a principal private residence is unoccupied due to long term mental orphysical infirmity of the owner.• Mobile home, vehicle or a vessel.• Property fully subject to commercial rates.• Houses in certain unfinished developments (unfinished housing estates) asprescribed by law.• Residential properties enjoying protection in other legislation – e.g. diplomaticproperty.Exemptions will also apply in the case of:• New and previously unused properties that are purchased from a builder ordeveloper between 1 January 2013 and 31 October 2016 will be exempt untilthe end of 2016.• Second-hand properties purchased by a first time buyer between 1 January2013 and 31 December 2013 will be exempt until the end of 2016.Local authority housing and social housing will not be exempt unless it is provided topeople with special housing needs such as the elderly or people with disabilities.Liability will rest with the local authority or social housing organisation as owner.4