Saturday 16 December 2017

Property tax: Easy ways to pay

Ailish O’Hora

The property tax is now a political hot potato and has turned into a ‘he said, she said’ between the Government and the Revenue Commissioners.

But taxpayers will still have to cough up the payment no matter how this pans out.

Here are five easy ways to pay.

1 Deduction from salary or pension

With this method, payment is spread throughout the year starting January 2014 and then automatic renewal every year thereafter.

The Revenue Commissioners will need details of your employer including name and tax registration number.


2 Single debit payment

To pay this way you must fill out a form at the bottom of property tax return as well as give details of your bank account number, sort code and the amount payable.

Then the bank will make a once-off the payment on March 21, 2014.

This is not an automatic service and you will need to schedule it for future payments.

(These details are the same as those given on the bottom of a bank cheque)


3 Debit or Credit Cards

This has been problematic because the Revenue won’t retain card details for data protection reasons. So the amount will be deducted on the date the return is filed.

For those filing online that’s November 23 and manually – November 27.


4 Pay at An Post

The approved payment service allows cash payments at An Post, at Payzone outlets or Omnivend kiosks.

A commission is charged and the amount must be paid weekly or monthly with the homeowner liable to calculate the amount.

A lump sum can be paid at either An Post or Payzone by debit card by January 1.


5  Direct Debit

This method allows you to instruct the bank to make 12 monthly instalments starting January 2014. The Revenue Commissioners will need your bank details as well as your PPS number with the first payment on January 15 and the same date of each month thereafter.

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