Business Irish

Saturday 16 December 2017

Paying at till gives you control – but it will cost you more

when is tax due? January 2014 (First payment)

This allows the local property tax to be paid in cash at An Post, Omnivend self-service kiosks or at Payzone outlets.

Payments can also be made using debit/credit cards.

Payments must be made weekly or monthly, with the taxpayer liable to calculate the payments.

The service providers charge a commission for the service.

You do not have to stick with the same payment provider.

You can switch between payment-service providers at any stage.

To make your payment through any of the payment service providers, you will need either the property ID (identification number provided by Revenue) or you can use the PPS number of the owner.

You should retain the receipt provided by the payment service provider.

An Post charges €1 per transaction.

Omnivend imposes a 4pc charge per transaction of the amount paid.

With Payzone, there is a charge of 75c per transaction for amounts up to €50, a €1 fee for transaction amounts from €50.01 to €100, and a €2 fee per transaction for amounts over €100.

You should start making your payments through a service provider from January 1. Revenue says you should ensure you pay your total tax due for 2014 by the end of 2014.

"The payments should be equal amounts and should be paid according to the payment frequency that you selected," a spokeswoman for Revenue said.

Those who want to pay by credit card or debit card, but do not want the money taken out immediately, can opt for a service provider and not actually make the first payment, or the full payment, until it is due on the first day of January.

Irish Independent

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