Revenue has updated a number of their Local Property Tax (LPT) FAQs and online guides which includes; General LPT FAQS, the Employers/Pension Providers FAQs, FAQs on payment of the Household Charge and LPT Payment Options.

Members are also reminded that in cases where the corporation tax return (Form CT1) or income tax return (Form 11) is filed on time, but the LPT return or the LPT payment remains outstanding, then a late filing surcharge of 10% of the tax liability will be applied automatically. As previously reported in Chartered Accountants Tax News, in addition to the 10% surcharge, interest charges at 8% per annum and penalties may also arise.