Moving home: paying LPT on both properties?

I

iano086

Registered User
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59
I'm planning on moving house soon. I'll be:

- buying a property and having some work done to it whilst I live in my current property

- then moving into the new property

- selling my own property as soon as I can after the move


I'll be closing on the new property sometime around end of May / early June

Do I have to pay LPT on both houses?
 
Yes I would think so and unfortunately the NPPR @ €200 for the one you are not living in.

Stand to be corrected of course.
 
"Stand to be corrected of course. "

Let me be the first!

LPT is payable by the owner of the property as at 1.5.2013 so if OP is only closing at end May, he is not the owner. Unless Revenue decide that beneficial ownership passes on signing contracts and contract are already signed?

And NPPR?

"Collection of the Non Principal Private Residence Charge for 2013 commenced on the 31st March 2013.
The 2013 charge is based upon the ownership and status of the property on the 31st March 2013. "

mf
 
Thank mf1.

So, on becoming the owner of the other property post 1.5.13, I gain the benefit of the other owner having paid the LPT. To the end of the year I presume?

And so long as I manage to sell my current property (the one I'll be moving out of once the new one is done up) before 31st March 2014, I wouldn't be liable to NPPR on that?
 
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