Revenue announced this week that it is giving property owners a final opportunity to pay their local property tax (LPT) and household charge without interest or penalties.
Property owners who haven’t paid the 2012 household charge, haven’t filed and paid their 2013 and 2014 LPT, have undervalued their property or have claimed an exemption they weren’t entitled to have until March 31 to bring their affairs up to date and avoid interest or penalties.
If property owners don’t avail of this opportunity:
- Interest will be charged on outstanding LPT (including arrears of Household Charge) that is not paid by March 31 at the rate of 0.0219% per day from the date the tax was due (1 July 2013 in respect of 2013 LPT and the Household Charge; 1 January 2014 in respect of 2014 LPT).
- Interest will also apply where additional tax becomes payable in cases where a property was undervalued.
- Mandatory deduction from wages and occupational pensions of unpaid Household Charge, including interest, will start in April for those who have not paid the €200 liability.
- In line with Revenue policy across all taxes and duties, we will select appropriate cases for debt collection/enforcement action, including referral to the Sheriff, in respect of LPT/Household Charge and for consideration of penalties.
These measures are in addition to not being able to get a tax clearance certificate, which has been applied in 3,500 cases already.
You can contact Revenue at 1890 200 255 or log onto www.revenue.ie for more information.
Speaking about the compliance programme, Vivienne Dempsey, LPT project manager said: “By the end of March, we expect to have the remaining 40,000 items of LPT correspondence cleared and to have finished the automated matching of the Household Charge register from the LGMA with our LPT register. LPT staff will then be increasingly assigned to tackling LPT non-compliance.
“This means that residential property owners have until 31 March 2014 to bring their LPT affairs for 2013 (including arrears of the Household Charge) and 2014 up to date to avoid interest and the possibility of penalties.”