LPT exemptions and reliefs for 2013 to 2021

New or unused property purchased from a builder or developer

Properties purchased from a builder or developer between 1 January 2013 and 31 October 2021 were exempt from Local Property Tax (LPT) until the end of 2021.

In order to qualify for the exemption, the property should have been:

  • new and previously unused
  • and
  • purchased from a builder or a property developer who constructed the property or had it constructed as part of a trade.

This exemption is not available for the LPT valuation period from 2022 to 2025 inclusive.

If your property was eligible for this exemption, there is no retrospective impact to your LPT liability for the period 2013 to 2021. You will not become liable for an additional LPT Charge for your property for 2013 to 2021 due to the expiry of the exemption on 31 December 2021.

Next: Builders or developers with properties built but unsold