Local property tax deductions at more than 67,000 for 2013 and 2014

Revenue working through property tax correspondence before moving onto compliance

The Revenue Commissioners said that more than 67,000 mandatory deductions have been made from wages or pensions to collect the local property tax this year. File photograph: Joe St Ledger/The Irish Times
The Revenue Commissioners said that more than 67,000 mandatory deductions have been made from wages or pensions to collect the local property tax this year. File photograph: Joe St Ledger/The Irish Times

More than 67,000 mandatory deductions have been made from wages or pensions to collect the local property tax.

Total compliance rates for 2013 and 2014 stand at 95 per cent while the rate for 2015 is 84 per cent so far, Revenue has said.

The agency is currently working through 28,000 items of property tax correspondence and will be moving on to compliance activity for 2015 by the end of February.

In a property tax update, Revenue said about 282,000 compliance letters have been issued for 2013 and 2014. Efforts to enforce compliance among the self-employed and companies includes about 14,000 tax clearance refusals, as well as the application of 18,800 income tax and 100 corporation tax surcharges.

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In addition, there have been 800 referrals to the Sheriff and over 7,300 valuations have been increased arising from a combination of self-correction and Revenue challenges.

Revenue said about €123 million in the property tax has been collected this year. It said that since it took over collection of the household charge, which predates the property tax, about €41 million in arrears has been paid to Revenue and 269,000 properties are now household charge compliant.

Revenue said it was in the best interests of property owners to make payment arrangements for 2015 now if they have not already done so. They advised property owners to “complete the single debit authority online now and Revenue won’t deduct the local property tax amount from your account until March 21st, 2015 (unless you specify an earlier date)”.

Dan Griffin

Dan Griffin

Dan Griffin is an Irish Times journalist