Friday 23 March 2018

Landlords, holiday home owners pay €350m in tax

LOCAL authorities have collected almost €350m from holiday home owners and landlords over the past five years, writes Breda Heffernan.

The €200 Non-Principal Private Residence (NPPR) charge, which is set to be scrapped from January next year, has generated €349m since its introduction in 2009.

So far this year, local authorities have collected almost €42m in relation to 209,514 properties. From today, those liable for the charge and who have not already paid, will face penalties of €20 per month.

The NPPR must be paid on top of the controversial property tax in 2013. However, legislation is being drafted by the Department of the Environment to abolish the charge from the start of 2014 so that home- owners will not be taxed on the double and will only pay the property tax.

Dublin City Council is the biggest beneficiary of the NPPR charge, collecting €7.8m so far this year in relation to almost 40,000 properties. It was followed by Cork County Council which received €3.6m in relation to 18,037 properties.

Irish Independent

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