Eligibility and application
Who can apply?
You can apply for Remission of Property Tax under the Property Tax (Building Works in Residential Premises) (Remission) Order 1991 if:
- you are an individual property owner
- and carry out additions and alteration works to your residential property.
Conditions
- the residential property is vacant during the period of claim for remission;
- the building works have been approved by the Building Authority;
- the building works have been completed and certified by the Building Authority;
- the residential property has been owner-occupied for at least one year following the completion of the building works.
The remission will not be granted if you have transferred the property or did not wholly owner-occupy the property for one year after the completion of the building works.
Period of remission
The period of remission is for a maximum of two years from the date of vacation of the residential property or the date of submission of building plans to the Building Authority, whichever is later; to the date of completion of the building works.
How do I apply?
- After you have submitted the building plans to the Building Authority for approval, you have to give notice in writing to the Comptroller of Property Tax within one month from the date of submission of the building plans; and
- at the same time, give a written undertaking that the dwelling house will be owner-occupied after the completion of the building works.
- You are required to complete and submit the Claim for Remission of Property Tax for Building Works in Residential Premises (80KB) form within 6 months after you have occupied the property for one year.