THE Revenue Commissioners have confirmed that homes where pyrite damage has been repaired will not qualify for a Local Property Tax exemption.
Northside People submitted a query to the Department of Finance following reports that residents in one North County Dublin estate had received conflicting advice on the question of pyrite when they contacted Revenue’s LPT helpline. The majority of houses in the development tested positive for pyrite but many of the properties have since been remediated through an insurance company.
However, some residents claimed they had been informed by Revenue staff that they would be exempt from the property tax for three years on account of having previous pyrite damage.
The Department of Finance referred our query to Revenue, who issued the following response:
“The Revenue Commissioners are responsible for the administration of the Local Property Tax (LPT). The Finance (Local Property Tax) Act 2012, as amended, sets out how a residential property is to be valued for LPT purposes and provides for a number of specific exemptions from the charge, including an exemption for residential properties that have been certified as having significant pyritic damage.
“However, this exemption does not apply if the pyritic damage has already been repaired.”