Local Property Tax update
Josephine Feehily, Chairman of the Revenue Commissioners, today (07/11/13) announced details regarding Local Property Tax (LPT) compliance before the Joint Committee on Finance, Public Expenditure and Reform.
Speaking before the Committee, Ms. Feehily mentioned that the 2013 LPT compliance rate has increased to 91% which equates to returns in respect of 1.6m properties. In respect of 2014 LPT she said that large numbers of property owners are successfully filing returns and selecting a payment option. Specifically, including this morning’s post, returns have now been made in respect of 205,000 properties. When combined with the payment options which are rolled over from 2013, this gives a compliance rate of 35% with three weeks to go to the online filing date.
Ms Feehily reminded the Committee that
"....No one has to pay LPT before 1 January 2014, unless they choose to do so. Many taxpayers are telling us that they want this option and the figures support this view. For those who don’t , there are five other ways to pay in 2014 providing both phased and single payment options...."
[Ends: 07/11/13]