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LPT Question - FTB of new buy

  • 26-09-2019 08:46PM
    #1
    Registered Users, Registered Users 2 Posts: 114 ✭✭


    I have been exempt from LPT (FTB of a new property bought in 2015).

    1. I understand 2019 was the last year for the exempt and I am now due to pay my LPT by November 2019 for the entire 2020. Is this correct?

    2. Additionally, what is the best way to approach the property value? Is it based on purchase price when purchased in 2015, or is it based on the current value? If current value, how do you go about determining it?

    3. Finally, do I have to submit something online or what is the procedure for the payment of this tax?

    Many thanks.
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