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LPT Query

  • 23-06-2021 4:50pm
    #1
    Triman111
    Registered Users, Registered Users 2 Posts: 59 ✭✭


    hi,
    We bought out house in 2016 for 420k,
    The LPT paid each year b4 that by previous incumbent was in the 250-300k bracket.
    We continued to pay the LPT at the valuation figure of 2013 which was in the 250 -300k bracket?
    Should we have increased the band when we bought in 2016.
    We now are thinking of selling, do we need a specific clearance form to explain why we paid at the same band all the wya through? or what should we do! Thanks for reading!


Comments

  • #2
    fguinan
    Registered Users, Registered Users 2 Posts: 250 ✭✭fguinan


    Triman111 wrote: »
    hi,
    We bought out house in 2016 for 420k,
    The LPT paid each year b4 that by previous incumbent was in the 250-300k bracket.
    We continued to pay the LPT at the valuation figure of 2013 which was in the 250 -300k bracket?
    Should we have increased the band when we bought in 2016.
    We now are thinking of selling, do we need a specific clearance form to explain why we paid at the same band all the wya through? or what should we do! Thanks for reading!

    No- the 2013 valuation is correct from 2013 to 2021.

    New valuation are being implemented for November this year.


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