Property purchased as a home in 2013

A person who purchased or built a residential property between 1 January 2013 and 31 December 2013 may be exempt from local property tax. This exemption is not limited to first time buyers.

This exemption is commonly known as the 'Section 8' exemption.

You must meet both conditions listed to avail of this exemption.

You must:

  • have purchased the property in 2013
  • and
  • occupied the property in 2013 as your sole or main residence.

If you do not meet both conditions, you do not qualify.

You can avail of the exemption even if you did not take out a loan to purchase or build the property.

This exemption will apply until 2021 as long as you, the owner, continue to occupy the house as your sole or main residence.

You cannot claim the exemption if you:

  • do not continue to occupy the property as your sole or main residence
  • sell or transfer the property.