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Old 15-04-19, 09:25   #51746
shrapnel
chevauche moi sur le côté, Kylian
 
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Join Date: Jan 2010
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Quote:
Originally Posted by Keane View Post
Property tax question - this is our first year paying it so not sure of the ins & outs. When the letter came in to say we were liable it had an estimate of the house value for to put us in a LPT band. We bought the house last year for a price that puts us in the next band up.

Am I supposed to inform them that the house is now worth more so I owe more, or is this one of those things I seem to remember hearing about where the liability is frozen at the moment based on some old valuation?
can't be 100% sure how it works in Ireland, but in the UK, it's based on how much the house was worth at a particular point in time (actually based on some valuation point in the 90s). i'd imagine it's the same in Ireland?
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