Robert Dowds
Question:241. Deputy Robert Dowds asked the Minister for Finance if he will outline the methods of payment available to persons in relation to the property tax. [3933/13]
View answerTuesday, 29 January 2013
Questions (241, 283)
Martin Heydon
Question:283. Deputy Martin Heydon asked the Minister for Finance the position regarding the options for the payment of the property tax; if there is a facility to pay the tax by instalments; and if he will make a statement on the matter. [4523/13]
View answerWritten answers
I propose to take Questions Nos. 241 and 283 together.
I am advised by the Revenue Commissioners that during March 2013 property owners will receive their LPT return from Revenue together with an LPT booklet, which will provide details of the full range of payment options available to pay LPT. The LPT return must be submitted and payment details provided to Revenue by 7 May, if using the paper return, and by 28 May if using the online facility.
A range of payment options are available to pay LPT. Payment can be made in full by way of a Single Debit Authority which is the equivalent of an electronic cheque, online using a debit or credit card, or in cash through approved service providers. There will also be the option to pay LPT in equal instalments over the period 1 July to end December 2013. Instalment payments can be made by deduction at source from employment, occupational pension income or from certain payments from the Departments of Social Protection and Agriculture, Food and the Marine by direct debit or in cash through approved service providers. Revenue will announce details of the approved service providers as part of their information campaign in March.
The single debit authority payment will be deducted from the nominated bank account on 21 July 2013 while payments made by direct debit will commence on 15 July 2013 and will be deducted on 15th day of each month thereafter. Phased payment options made by way of deduction at source will commence from 1 July 2013 onwards and phased payments by cash through a service provider should be spread equally over the period 1 July to end December 2013. Finally, some owner-occupiers, subject to certain conditions, may qualify for full deferral or for partial deferral of 50% of the LPT due. In the case of partial deferral, a payment option must be selected on the LPT return to pay the balance of the LPT due.