If you are a residential property owner for one or more properties and you:
- Haven’t paid the 2012 Household Charge, or
- Haven’t filed and paid your 2013 and 2014 LPT, or
- Have undervalued your property, or
- Claimed an exemption you were not entitled to,
you have until 31 March 2014 to bring your LPT affairs (including the Household Charge) up to date and avoid interest and penalties.
This is your last opportunity to pay before Revenue launch a nationwide compliance programme.
Please note that if you do not avail of this opportunity interest will be charged on outstanding LPT (including arrears of Household Charge) that is not paid by 31 March 2014 (at the rate of 0.0219% per day) from the date the tax was due i.e. 1 July 2013 for 2013 LPT and arrears of Household Charge and 1 January 2014 for 2014 LPT.
Interest will also be charged on additional amounts that become payable in cases where a property was undervalued.
You will not qualify for a tax clearance certificate if LPT is not paid.
In April Revenue will commence a mandatory deduction from wages and occupational pensions for unpaid Household Charge, including interest.
Revenue will select certain cases for debt collection, including referral to the Sheriff.
If you are a residential property owner and have not received any correspondence from Revenue you are still liable to pay and file your LPT. If you have any queries feel free to call me.