Direct debit
Monthly direct debit calendar
The direct debit facility is a self-managed process for customers and agents. A direct debit can only be set up to pay current tax for the taxes in the table below. A seperate direct debit mandate is required for each tax.
Below are the key Direct Debit dates for each of the following taxes:
- VAT
- Employers’ Income Tax
- Preliminary Income Tax
- LPT
- Vacant Homes Tax (VHT)
- Non-Resident Landlord Withholding Tax (NLWT).
- Key dates
Key dates for each month
| Taxhead | Last Date for each month to set up a Direct Debit | Direct Debit Date for each month | Notes |
|---|
| VAT |
20th of the due month. |
On or around the 3rd last working day of the month.
|
The amount debited will vary according to the balance outstanding on or around the 5th last working day of the due month. |
| Employers’ Income Tax |
20th of the due month. |
On or around the 3rd last working day of the month. |
The amount debited will vary according to the balance outstanding on or around the 5th last working day of the due month. |
| Preliminary Income Tax |
At least four working days before the 9th of the month. |
9th of each month (or the next available working day).
|
The amount debited will be the monthly amount specified by the customer. |
| LPT |
7th of the month. |
15th of each month (or the next available working day).
|
The amount debited will be the balance in the period divided by the remaining months of the year. |
| VHT |
At least four working days before the 15th of the month. |
15th of each month (or the next available working day).
|
The amount debited will be the balance in the period divided by the remaining months of the year. |
| NLWT |
Set up any day throughout the month. |
Payments can be taken on any working day during the month based on customer choice.
|
The amount debited will be 20% of the monthly rental notification. When setting up the Monthly Direct Debit the NLWT system will advise of the earliest debit date based on processing timelines. |
Amending the details of a LPT direct debit mandate will result in a new mandate being created. Therefore, the cut-off date for ‘Amending’ an LPT direct debit mandate is the same as the date for ‘Creating’ an LPT direct debit mandate.
Next: How to videos