Those who bought homes that are affected by pyrite, properties owned by charities and those who are permanently incapacitated will not have to pay the tax when it is introduced in July
The Coalition is also allowing for people to defer payment, if they enter personal insolvency, have a case of excessive financial hardship or in the case of the administration of the estate of a deceased person.
The Finance Bill, which was also published this afternoon, will see all revenue measures announced in the Budget legislated for, and a number of new measures to close loopholes such as preventing abuse of employee benefit trusts.
People Before Profit TD Richard Boyd Barrett said that the Government is still forcing people who cannot afford to pay the tax to contribute.
"No exemptions for the unemployed, no exemptions for pensioners, no exemptions for the 160,000 or so people in mortgage distress, no exemptions for workers who've had their incomes savaged," he said.