The Revenue issued an e brief to remind the self employed of the penalties they face by not returning and paying the Local Property tax/Household Charge.
If you file your Income tax/Corporation tax or Capital Gains Tax on time, but at the date of filing:
- You have failed to submit your Local Property Tax Return
- You have failed to pay the Local Property Tax due
- You have not entered into an agreed arrangement to pay the Local Property Tax due
a surcharge of 10% of the Income Tax/Corporation Tax or Capital Gains Tax liability will be applied to your notice of assessment automatically.
Anyone who has household charge arrears of €200 will also be subject to the 10% surcharge when the Income tax/Corporation Tax or Capital Gains Tax is filed.
The Revenue advise that all outstanding Local Property Tax returns are filed and paid as soon as possible to ensure:
- a surcharge is not imposed when your tax returns are filed
- to avoid enforcement of the amount stated on the Notice of Estimate of LPT that issued to all residential property owners.