Monday, December 14, 2015

Pyrite homeowners no longer have to pay for testing to avail of LPT exemption

Fine Gael TD for Meath East, Regina Doherty, has said that legislation in the Dáil today (Friday), will ease the burden on homeowners affected by pyrite, by removing the necessity for them to pay for testing in order to avail of the exemption from Local Property Tax (LPT).

“The move to exempt homeowners affected by pyrite from Local Property Tax (LPT) was a positive one. However it soon became apparent that these homeowners were still being unnecessarily punished due to an anomaly whereby pyrite affected homeowners were expected to pay for expensive core sample testing in order to avail of their exemption from LPT.

“I first raised this issue with the Minister for Finance, Michael Noonan, earlier this year, and at this point the Minister accepted that legislative change may be needed to deal with the anomaly. I am delighted now that this matter is being addressed.

“The Local Property Tax legislation going through the Dáil today deals comprehensively with this anomaly and rectifies the situation. This legislation will extend the LPT exemption to properties whose owners don’t have the required certification but, nevertheless have properties that have been proven to have been damaged by pyrite to a significant extent.

“The exemption is being extended to properties that have been included in the official pyrite remediation scheme without the need for testing, properties that are remediated as a result of a successful insurance claim and properties that are remediated by the builder or property developer who constructed the property.

“It simply wasn’t right that homeowners who were already burdened with pyrite had to pay out for expensive testing in order to avail of the exemption from the LPT that they are entitled to. It was counter intuitive and unfair. Today’s legislation puts this right and ensures that these homeowners will not be unfairly punished.”

No comments: