Finance (Local Property Tax) Act 2012 section 18

No aggregation of chargeable value

Section 18 provides that where a person is liable to local property tax on more than one property, each property is assessed separately rather than being aggregated together.

• Each residential property liable to local property tax (LPT) is assessed independently for tax purposes.
• There is no aggregation of property values where a person owns multiple chargeable properties.
• The LPT charge for each property is calculated individually using the valuation bands and rates set out in section 17.
• This means owning several properties does not push any individual property into a higher rate or band based on combined values.