132 Income threshold for deferral.

(1) Where a liable person—

(a) occupies a relevant residential property in respect of which local property tax is payable as his or her sole or main residence, and

(b) has gross income from all sources during the relevant year which will not, as far as can reasonably be foreseen at the liability date in that year, exceed €15,000,

the person may, on making a valid claim on that behalf to the Revenue Commissioners, qualify for deferral of the local property tax payable in respect of the liability date falling in that year.

(2) Where the liable person is married, is a civil partner or a cohabitant, as the case may be, subsection (1) shall apply where the aggregate of the gross income from all sources of the liable person and his or her spouse, civil partner or cohabitant during the relevant year will not, as far as can reasonably be foreseen at the liability date in that year, exceed €25,000.

(3) Where—

(a) a liable person referred to in subsection (1) has gross income as referred to in that subsection in the relevant year, or

(b) a liable person referred to in subsection (2) and his or her spouse, civil partner or cohabitant have, in aggregate, gross income as referred to in that subsection in the relevant year,

that will not, as far as can reasonably be foreseen at the liability date in that year, exceed—

(i) €25,000, in the case of a liable person referred to in subsection (1), or

(ii) €35,000, in the case of a liable person referred to in subsection (2),

the person may, on making a claim on that behalf to the Revenue Commissioners, qualify for deferral of 50 per cent of the local property tax that would otherwise be payable in respect of the liability date falling in that year.