Local Property Tax Surcharge

Local Property Tax - Surcharge


We would advise our clients that they may face a surcharge in respect of Income Tax, Corporation Tax or Capital Gains Tax
even if those returns are filed on time but a Local Property Tax return or payment is outstanding.

The Revenue Commissioners issued the following notice on the 8th August 2013.

"If you file your Income Tax, Corporation Tax or Capital Gains Tax Return on time, but at the date of filing:

• you have failed to submit your Local Property Tax (LPT) Return or,
• you have failed to pay the LPT due or,
• you have not entered into an agreed arrangement to pay the LPT due,

a surcharge of 10% of the IT/CT/CGT liability will be applied to your notice of assessment automatically.

Anyone who has household charge arrears/LPT of €200 will also be subject to the 10% surcharge when the IT/CT/CGT Return is filed. Revenue systems will be in place in September 2013 to pay and file the household charge arrears/LPT. In the meantime, anyone wishing to pay the household charge arrears/LPT can do so by way of cheque or postal order (made payable to Revenue) which should be sent to the Local Property Tax Branch, Revenue Commissioners, PO Box 1, Limerick. It is recommended that you write the relevant Property ID and your PPS Number or Tax Reference Number on the back of the cheque/postal order. Alternatively, the €200 can be paid using your debit or credit card by calling the LPT Helpline on 1890 200 255."