Is LPT still not deductable?

sublime1 · 10-09-2015 9:35pm #1

Doing my annual returns for my rental property. Last year, we were told that the Local Property Tax would be deductable "soon". However, I see that the Revenue haven't updated their FAQ from last year.
http://www.revenue.ie/en/tax/lpt/faqs/general.html#section9

Can anyone confirm or deny if LPT is deductible this year?

sublime1 · 10-09-2015 9:53pm

Super, thanks for confirmation. Maybe next year!

loyatemu · 11-09-2015 10:19am

I heard some talk it may be included in the budget to try and improve the rental market. Seems a bit weird to me, making a tax tax-deductable. Tenants don't have to pay it, so if landlords can write it off who exactly is paying for the local services for those properties?

draiochtanois · 11-09-2015 10:21am

This post has been deleted.

ted1 · 11-09-2015 10:46am

it's also a tax on services which is most developed countries is paid by residents not landlords

filbert the fox · 11-09-2015 2:35pm

sublime1 wrote: »

Doing my annual returns for my rental property. Last year, we were told that the Local Property Tax would be deductable "soon". However, I see that the Revenue haven't updated their FAQ from last year.
http://www.revenue.ie/en/tax/lpt/faqs/general.html#section9

Can anyone confirm or deny if LPT is deductible this year?

I read the contents of that link. If it is deductable in Principle then what can Revenue claim in any dispute which may go to court? They wouldn't have a leg to stand on in front of a prudent judge.

Is LPT still not deductable?

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