herald

Tuesday 24 October 2017

Deadline is looming to pay the Local Property Tax property tax

taxation

The final date for payment of Local Property Tax via a single debit authority is next Saturday. This is the date the payment will actually leave your current account, for those who opted to pay their tax as a once-off amount.

Bear in mind, that it could go out this Friday, March 20 to facilitate banks, so do make sure that the correct amount is in your account by then.

Failure to pay the property tax could result in penalties or withholding of tax clearance certificates, but the good news is that 11 local authorities reduced the amount payable this year, including four in Dublin: Dublin City, South Dublin, Fingal and Dunlaoghaire-Rathdown.

disappeared

Last year, it took Revenue a few days to collect all of the money, so it's best to make sure you don't inadvertently spend it if it hasn't disappeared over the weekend!

You can always opt to change the payment terms for 2016 by letting Revenue know over the summer.

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