Sunday 22 July 2018

€16.7m collected in property tax

Mary Fogarty

Revenue collected €16.7 million in property tax from 53,100 properties in County Wicklow last year, with a compliance rate of 98.9 per cent.

The previous year, the sum collected was €16.8 million from 52,600 properties, and a compliance rate of 98.6.

In neighbouring County Wexford, €12.5 million was collected from 64,800 properties.

In County Carlow it was €3.8 million from 23,000 properties, and in Dun Laoghaire Rathdown, €43.9 million from 103,500 properties.

In County Wicklow, there was mandatory deduction at source in 2.5 per cent of cases.

18,000 cases were deferred, 2.9 per cent, and 13,000 exempt. Exemption can be granted in a number of cases, including long term illness, nursing homes, and charitable activities.

The value bands differ greatly in neighbouring Wicklow, Wexford and Dun Laoghaire Rathdown.

59.1 of the properties in DLR were valued at more than €300,0000. In County Wexford that figure was 1.5 per cent.

In County Wicklow, 15.1 per cent of properties were valued over €300,000. The valuations were made in 2012, with a revaluation expected in 2019.

The figures were revealed by Revenue last Friday, and revealed total property tax receipts of €477 million nationwide in respect of 2017.

This includes almost €3 million in Household Charge arrears.

Commenting on the publication of these latest statistics, the Collector-General, Mr. Michael Gladney said: 'There is a continuing high compliance rate for LPT, currently 97 per cent, and the vast majority of property owners fully comply with their payment obligations either in a single payment, or with phased payments.'

The deadline to pay in full by card or cheque is today, Wednesday, January 10.

Property owners who want to pay in full by Annual Debit Authority (an electronic cheque), and have their payment deducted on March 21, must confirm this with Revenue by today, Wednesday.

Wicklow People