MyHome.ie Blog
  • MyHome Living
  • News
  • RetroFit Hub
  • Buyers Advice Hub
  • Selling
  • Renting
  • Mortgages
  • Property Report
MyHome.ie Blog
  • MyHome Living
  • News
  • RetroFit Hub
  • Buyers Advice Hub
  • Selling
  • Renting
    • Mortgage Learning Center
    • Calculators
    • Best Mortgage Table
  • Property Report
    • All Properties
    • Houses For Sale
    • Apartments For Sale
    • Available To View
    • Overseas Holiday Homes
      • Properties For Auction
      • Upcoming Auctions
      • BER Assessors
      • Property Conveyancing Solicitors
      • Pre-Purchase Surveyors
    • Find Agents
    • All Properties
    • Houses To Rent
    • Apartments To Rent
    • Available To View
    • Share
      • Irish Holiday Homes
      • Overseas Holiday Homes
  • New Homes
    • For Sale
    • To Rent
    • Auction
      • Residential Land
      • Commercial Land
      • Farm Land
      • Farms
      • Sites
    • MyHome Living
    • Buyer Advice Hub
    • Property Report
    • Property Price Register
    • Price Changes
  • Mortgages
    • Rental
    • Holiday Homes
    • Commercial
    • Sharing
Advertisement
  • Home
  • Uncategorized
  • 200,000 people yet to pay their Property Tax for 2015
Uncategorized
Jan 22, 2015 - 11:10

200,000 people yet to pay their Property Tax for 2015

The MyHome Newsdesk
By The MyHome Newsdesk
Share this article
Facebook Share Twitter Share Linkedin Share Email Share Whatsapp Share
200,000 people yet to pay their Property Tax for 2015

As many as 200,000 people have yet to pay their Local Property Tax (LPT) for 2015, according to the Revenue Commissioners.

Those who have yet to pay have been warned, however, that it is “in their interests” to contact Revenue before officials finish processing payments already made and start pursuing non-payers.

The compliance work will focus on homeowners who have not paid the tax or declared their intention to pay by a final payment deadline towards the end of March.

A spokeswoman for Revenue said the compliance rate for 2015 was “well over 80 per cent” but she said officials from the tax authority were still working through more than 60,000 pieces of correspondence. Revenue will not publish exact figures or detailed compliance statistics until early next month.

The deadline for those who have not yet paid their 2015 LPT or signed up to pay via monthly direct debits or by employee deductions expired almost two weeks ago. Revenue has urged those yet to pay to do so before the collection process comes to an end in the coming weeks.

Advertisement

Revenue penalises property owners who have not paid the tax or declared their intention to pay by charging interest at a rate of 0.0219 per cent per day (or 8 per cent a year) from the beginning of January. Unpaid tax and interest will be a charge on a property and will cause difficulties for any transfer of ownership on sale or inheritance it has warned.

More than one million people paid the local property tax last year in one lump sum – by a single debit authority, debit card, credit card, cash, cheque or postal order or through regular cash payments.

A further 625,000 homeowners who paid last year’s tax by direct debit or through deductions from their wages did not have to do anything as their payments will be processed as normal from the end of this month.

The amount people will have to pay in LPT depends on the value declared for the property on May 1st, 2013, and the tax rate applying to a property for 2015. The LPT rates have changed for those living in one of the 14 local authorities that announced reductions in their LPT rates last year. Those savings range from 1.5 per cent to 15 per cent and the Revenue has said it will make the changes automatically.

Subscribe to our weekly MyHome Living eZine today

Processing your request...

You are subscribed now!

<

  • Tags
  • cash
  • cheque
  • credit card
  • debit card
  • direct debits
  • employee deductions
  • interest
  • Local Property Tax
  • LPT
  • postal order
  • property tax
  • Revenue
  • Revenue Commissioners
  • single debit authority
  • tax
The MyHome Newsdesk
By The MyHome Newsdesk
Share this article
Facebook Share Twitter Share Linkedin Share Email Share Whatsapp Share

Helpful Links

Find your home on MyHome
Read more Articles
Calculate what you can afford to borrow
Welcome to the Retrofit Hub
Advertisement
Advertisement

Related News

What is a Heat Pump?
Uncategorized

What is a Heat Pump?

Feb 27, 2025
Living Cities Initiative
Uncategorized

Living Cities Initiative

Jan 14, 2025
Digital Services Act
Uncategorized

Digital Services Act

Mar 31, 2024
Avant Money and Finance Ireland announce new rates
Uncategorized

Avant Money and Finance Ireland announce new rates

Dec 09, 2021
Average deposit of first-time buyer was €52,000 in first half of the year
Uncategorized

Average deposit of first-time buyer was €52,000 in first half of the year

Dec 07, 2021
Frequent And Popular Searches
MyHome.ie Blog
Help
Jobs
About
Equality Guidelines
Brand Safety
Contact
Terms & Conditions
Cookie Policy
Privacy Policy
Digital Services Act
Sitemap
© Copyright MyHome.ie 2025
Advertisement