Property owners in Florida may be eligible for exemptions and additional benefits that can reduce their property tax liability. An application for ALL exemptions must be filed, on or before March 1 of each year.The Chief County Assessment Office has authority to recapture taxable value in instances where property owners have received homestead benefits erroneously. The application deadline for the Leasehold Exemption is July 1, 2024. All other exemptions are due Dec. You can apply for the exemption online or at the Township Assessor's office. An annual verification of eligibility must be filled out each year. This article highlights that a Florida resident may be entitled to more than one residencybased property tax exemption. Disabled veterans may have some or all of their property taxes covered. This is called a Standard Homestead Exemption for Veterans with Disabilities (SHEVD).