LPT Panic As Revenue Push Deadline to Friday

January 7, 2015

Revenue have just announced that today’s Local Property Tax (LPT) deadline has been extended to 4pm on this Friday, 9 January.

It seems the deadline is  causing quite a degree of panic among the public.

The Revenue LPT helpline has received 80,000 calls since Monday, and Revenue are now receiving almost 8,000 payment notifications per hour.

Now, who had the bright idea of having a tax deadline so soon after Christmas?

Smart guy

Here’s more on the LPT deadline.

If you’d like a professional to file your LPT payment notification, call us at +353 (0)49-8549966 before Friday.

Alternatively email tax@mcgibney.com with your phone number & we’ll call you.

Property Tax Arrears – Last Chance on 31 March

March 24, 2014

If you have any outstanding Local Property Tax or Household Charge arrears, you have a final opportunity to settle these by next Monday, 31 March in order to avoid interest or penalties.

From Tuesday 1 April, Revenue will launch a fresh nationwide compliance programme, aiming to collect as much of the outstanding property tax amounts as they can. LPT Local Property Tax Arrears Deadline

This will include:

  • The imposition of interest charges on outstanding arrears.
  • Mandatory deduction of unpaid Household Charge bills from wages and occupational pensions
  • Withholding of tax clearance certificates from defaulters.
  • Debt collection, Sheriff & other enforcement, in selected cases.

For more, including detailed instructions on how to pay LPT & Household Charge arrears, see the Revenue LPT page and last week’s Revenue Press Release.

It’s D-Day for Local Property Tax Payment!

March 21, 2014

Today, 21 March, is the payment date for your Local Property Tax (LPT) payment, if you previously opted to pay your 2014 LPT  by Single Debit Authority.

Local Property Tax LPT

If you are in this category, the LPT liability amount will be debited from your account today, or after the weekend.

For more on LPT, see the Revenue website.

Next Sunday is NPPR Deadline

June 24, 2013

The deadline for payment of the €200 NPPR charge for 2013 is midnight on next Sunday, 30 June.

You are liable if, on 31 March last, you owned a property which was not your Principal Private Residence on that date.

NPPR charge deadlineThere are a number of payment methods available. The smartest is online, at https://www.nppr.ie/ where you can pay by debit or credit card.

Failure to pay on time will cost you an extra €20 per month, which accumulates without limit until paid in full.

If you owe NPPR arrears for past years, you should still pay this year’s €200 fee by next Sunday. This will stop the 2013 charge accumulating in future months.

Property Tax: Revenue 6 Councils 0

June 12, 2013

The latest Revenue Local Property Tax figures confirm that they have now received over 1.55 million returns from property owners.

The exact number of properties liable for the charge is unclear, but Revenue issued 1.66 million LPT notifications for the new tax.

We can safely assume the total number of liable properties is somewhat higher, as some property owners didn’t receive any notifications.

If we estimate a total pool of 1.7 million properties, this means that at least 90% of liable properties have been registered for the LPT.
Local Property Tax LPTBy anyone’s reckoning, this is a very successful outcome for Revenue, and is a stark contrast to the local authorities’ bungling in collecting the 2011 Household Charge.

Revenue’s success clearly vindicates the government decision to entrust them, and not the local councils, with the administration of the new property tax.

Isn’t it ironic though that the State needs its central tax authority to efficiently collect what is supposed to be a Local Property Tax?

Still Time to Avoid Local Property Tax Penalties

June 10, 2013

If you missed the recent Local Property Tax (LPT) deadline, there is still time to avoid interest and penalties on late registration and payment.

Revenue have confirmed that you can still file your Return (via paper form  or online) before 1 July without incurring any interest or penalties (see here if the link fails, or is unclear).

However, it is important to do act quickly. If you delay, Revenue may in the meantime seek to have the tax deducted directly from your wages or occupational pension.

Local Property Tax

The Revenue LPT helpline remains open at  1890- 200255.  If, like me,  you don’t like overpaying for 1890 phone calls, you can call 01-7023049 instead.

The Local Property Tax Explained in 3 Minutes

May 27, 2013

Ahead of this week’s Local Property Tax (LPT) deadline, this 3-minute video from Chartered Accountants Ireland is well worth watching.

It features the Institute’s Tax Director, Brian Keegan, who explains:

  • the self-assessment basis for the LPT,
  • issues for PAYE and self-employed earners,
  • the interactions between LPT & other taxes,
  • other practical issues.