New legislation raises income thresholds to qualify for postponing payment

Homeowners are calculating Local Property Tax payment. Photo: RollingNews.ie

Homeowners are calculating Local Property Tax payment. Photo: RollingNews.ie

Tens of thousands of homeowners are now eligible to defer, or partially defer, paying the Local Property Tax (LPT), the Sunday Independent has confirmed.

New legislation has raised the income thresholds to qualify for postponing payment, potentially until a property is sold or the owner dies.