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LPT and new home query

  • 11-12-2014 3:14pm
    #1
    slinky2000
    Registered Users, Registered Users 2 Posts: 1,287 ✭✭✭


    Hi guys, just got the keys last month to my new home.

    I've been living with the parents up until now so no need to worry about the LPT.

    What happens now with the LPT and the new home? Do I contact someone about it or just forget about it?


Comments

  • #2
    [Deleted User]
    Posts: 0 ✭ [Deleted User]


    slinky2000 wrote: »
    Hi guys, just got the keys last month to my new home.

    I've been living with the parents up until now so no need to worry about the LPT.

    What happens now with the LPT and the new home? Do I contact someone about it or just forget about it?

    If you own the house you have to pay it. I definitely wouldn't forget about it. That would lead to penalties. Ring Revenue and they will advise you as to how to setup payment

    Contact Details

    Further information relating to LPT is available as follows:

    LPT Helpline 1890 200 255 - Opening Hours: 9am to 5 pm (Monday to Friday)

    Phone: 1890 200 255 (ROI only)*

    + 353 1 7023049 (From outside ROI)

    Email: lpt@revenue.ie

    By Post: LPT Branch, P.O. Box 1, Limerick

    Aertel: Page 593


  • #3
    slinky2000
    Registered Users, Registered Users 2 Posts: 1,287 ✭✭✭slinky2000


    Sorry I didn't mean totally forget about it, I meant they'll send me a letter in their own time and I don't need to contact them.


  • #4
    ruthy_2504
    Registered Users, Registered Users 2 Posts: 74 ✭✭ruthy_2504


    The date of ownership for liability for 2015 is 1st November 2014. If the house was signed into your name by this date I believe you will be liable, however there are exceptions for new buyers.

    Speak to your solicitor as they will know the finer details of your case. Revenues website LPT section is quite comprehensive too.


  • #5
    slinky2000
    Registered Users, Registered Users 2 Posts: 1,287 ✭✭✭slinky2000


    Just to update we're not eligible to pay LPT until 2016. I was on the phone to them this morning as I completely forgot about it. We closed the sale on October 14th so I was sure we would be liable.

    Apparently they'll be in contact with us next year for a valuation.


  • #6
    evosteo
    Registered Users, Registered Users 2 Posts: 2,401 ✭✭✭evosteo


    apologies, i dont mean to hijack your thread but im a first time buyer, 2nd hand property, purchased the house in October 2014, signed sealed and delivered. are 1st time buyers exempt for the LPT until 2016?? im going to ring up 1st thing tomorrow about it but i said ill try get some more info here.


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