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Wednesday 17 September 2014

Second home owners pay €9m in a week

Published 02/09/2014 | 02:30

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Almost €9m has been paid.
Almost €9m has been paid.

ALMOST €9m has been paid in the old second home tax over the past seven days alone, as those in arrears hope to avoid super penalties, writes John Downing.

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As a partial amnesty for people in arrears ended yesterday, local councils responsible for collecting the €200 per year flat-rate tax reported that money was still being paid in.

More than €18m was collected through August from people trying to avoid increased penalties, which could total €7,230. Local authority offices were reported as still collecting the tax aimed at people with holiday homes and rental properties. Officials advised those with difficulties to contact their local council.

The tax was introduced in July 2009 and was in place until 2013 when it was replaced by the Residential Property Tax, which is based on property value bands and collected by the Revenue Commissioners.

Some 360,000 property units were registered for the original second home tax, known as the Non-Principal Private Residence charge.

Irish Independent

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