TaxSource Total

Here you can access summary of the key current tax developments in Ireland, the UK and internationally as reported by Chartered Accountants Ireland

The report of key tax developments are displayed per year, per month, by Ireland, the UK or International and by report title

Employer penalties for failing to pay local property tax

Revenue has updated its Tax and Duty Manual to include the imposition of a penalty in cases where an employer fails to make a return of Local Property Tax (LPT) deducted from their employees via payroll following an instruction from Revenue to do so.

The penalty for outstanding payments will be €500 per month (or part of month thereof) subject to a maximum penalty of €3,000. A template for a Notice of Opinion on a penalty for LPT is also included.