Property tax

Discussion in 'Tax' started by deco87, 5 Jan 2019.

  1. deco87

    deco87 Frequent Poster

    Posts:
    103
    I am a one third co owner, legal owner of a house.
    My folks own 2 thirds.
    I live full time with my son in the house.
    It is intended to transfer the 2 thirds to me in the future.

    My question, as I own one third , added to that , I live there and will permanently , is there an option for me to actually pay the property tax each year ? Rather than my folks paying the second home tax.
     
  2. PaddyBloggit

    PaddyBloggit Frequent Poster

    Posts:
    3,247
    Last edited: 5 Jan 2019
    As a co-ownwer, you are equally liable for the Local Property Tax charge. So, yes, you can pay it. Even if you weren't co-owner, you can still pay it on their behalf - I pay my father's LPT every year using Visa Debit and there's no problem with it.

    I don't understand what you mean when you say:

    As such, there's no second home property tax now - the NPPR (Non Principal Primary Residence) tax was done away with; it's all LPT now, payable on on property owned.

    Household Charge was first, NPPR was next, now it's LPT.
     
    Last edited: 5 Jan 2019
    deco87 likes this.
  3. deco87

    deco87 Frequent Poster

    Posts:
    103
    Ok thks