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Ireland Plans Property Tax Relief For Disabled Homeowners

by Jason Gorringe, Tax-News.com, London

17 June 2014


Irish taxpayers with disabilities may now be eligible for refunds after new concessions were allowed under Ireland's Local Property Tax regime.

Heather Humphreys, TD for Cavan Monaghan, said that she had raised the issue with Finance Minister Michael Noonan after a number of her constituents found that they were ineligible to claim relief because adapting their home to meet their needs had moved their property into a higher LPT band, and they had not received a grant or award for the work. Humphreys said that the decision will make available two categories of relief, depending on the disability of the home owner.

The first type of relief enables the owner to reduce the chargeable value of their home if adaptations have increased the value of the property to the extent that it is subject to tax under a higher valuation band. The second fully exempts a property from LPT if it has been constructed or acquired solely due to its suitability for a person who is permanently and totally incapacitated and is unable to earn an income.

Humphreys added: "For now we are still operating under the original legislation, but the Minister has informed me that Revenue has been instructed to operate in line with the changes that will be made in due course. I am very encouraged by the way this issue has been dealt with, and people with disabilities will be able to benefit from the relief available. When it became clear that certain people should be eligible for relief, positive action was swiftly taken."

The changes will be backdated to July 1, 2013, when the LPT was implemented.

TAGS: Finance | tax | Ireland | property tax | revenue guidance | law | legislation | tax rates | tax breaks | revenue statistics | tax reform

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