LOCAL PROPERTY TAX DEADLINE EXTENDED TO 9th JANUARY
An increased volume of calls to the Revenue Local Property Tax Helpline during the early part of this week, in addition to a submission rate approaching 8,000 application/queries hourly, has caused the Revenue to defer the 2015 LPT payment deadline to 4pm on Friday 9th January.
Over 1 million people paid the local property tax last year using either a single direct debit /standing order payment debit authority, credit or debit card, a once off cash payment, cheque or postal order.
Revenue have advised that if you do want to make a single payment in 2015, you must advise them of your intention by this coming Friday, 9th January. This single payment will be deducted at the end of March 2015.
If you have not yet received, or you have mislaid your property ID or pin, you can apply online to have them reissued.
If you are one of the over 625,000 homeowners that paid your 2014 LPT by direct debit or by deductions from your salary, Revenue will not contact you regarding the 2015 payment and they will instead deduct your monthly payment as they did in 2014.
However, in 2014, the LPT was paid by more than one million people in one lump sum and they now have until Friday evening to either make a new payment or advise the Revenue of their intention to make a single debit authority payment.
The following local authorities have reduced the Local Property Tax rate:
2015 LOCAL PROPERTY TAX CHARGES & REDUCTIONS | HOW MUCH WILL YOU HAVE TO PAY?
Revenue have stated that they will make the changes listed above automatically. The Revenue Helpline number for more information is: 1890 200 255 and it will remain open from 8am to 8pm on both Wednesday (7th) and Thursday (8th) and from 8am to 4pm on Friday (9th).
Revenue has advised those property owners in the above local authority regions to check the rates for their local authority area since there may be cases where the LPT rate is incorrect. Revenue have declared more than once that the onus is on the property owner, not Revenue, to ensure the correct charge is paid in whichever area of Ireland the property is located.
Importantly for recent property sellers, if you sold your residential property after November 1st 2014, you are still liable to pay LPT on the house or apartment for 2015 if the sale was processed before the end of 2014.
This summmary is based on a recent article in the Irish Times newspaper and although every effort is made to ensure the accuracy of this data, some errors may remain.
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