Friday 15 November 2019

Deadline moved after late rush to pay property tax

A SURGE of people trying to pay their property tax on time has prompted Revenue to extend the deadline for paying the charge
A SURGE of people trying to pay their property tax on time has prompted Revenue to extend the deadline for paying the charge
Charlie Weston

Charlie Weston

A SURGE of people trying to pay their property tax on time has prompted Revenue to extend the deadline for paying the charge.

The move comes after 200,000 homeowners rushed to pay the tax in a two-day period this week. Around 8,000 payments were being made an hour, according to Revenue.

Finance experts said the tax authority had been overwhelmed by a last-minute rush of homeowners trying to get in contact with it.

Most of these paid by credit or debit card last year, but are only now indicating how they will pay this year's tax. Homeowners now have until tomorrow at 4pm to pay. The original deadline was yesterday.

Around one million homeowners left it until the last minute to contact Revenue to indicate how they were paying and to make payments.

This excluded people who had already put arrangements in place to pay by direct debit or have the tax taken out of their salary or pension.

A spokeswoman for Revenue said it has extended the deadline due to a heavy volume of people paying the tax.

"Due to the very large volume of calls to the local property tax (LPT) helpline over the last two days and the extremely heavy filing rate of almost 8,000 payment notifications per hour, the Revenue Commissioners have decided to extend the 2015 LPT payment deadline to 4pm on Friday January 9," it said.

You don't need to do anything if you paid last year by phased payment method.

This includes paying by direct debit or deduction at source from salary/occupational pension or from certain government payments.

People who have deferred the full charge and those who claimed an exemption do not need to contact Revenue.

Some 1.64 million homeowners registered for the tax last year, a compliance rate of 95pc. Exchequer returns published this week show €491m was collected, 10pc below target.

If paying in one lump sum by debit/credit card, postal order, cheque or cash, the payment is due immediately.

If paying by direct debit, the payment will be taken on January 15, and on the 15th of each month thereafter.

If a homeowner chooses to pay by single debit authority - an electronic transfer - the payment will be debited on March 21. The LPT helpline (1890 200 255) will remain open from 8am to 8pm today, and from 8am to 4pm tomorrow.

Irish Independent

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