How Many Property Tax Returns have been Filed ?

The latest figures on the Property Tax from Revenue say  that 1.6 million LPT returns from 2013 had been filed by November 2013 .
This figure  does not include  about 160,000 local authority and voluntary housing properties  – becaues they will be filing LPT returns in bulk  So – if we include  social housing – the total number of properties registered for LPT will be about 1.76 million.

The exact figure for the  total number of liable properties is not known. A figure of around 1.96 million was mentioned by Minister Hogan and Revenue .  So – based on that – there could be as many as 200,000 properties still to be registered for the Property Tax.  That is a fairly respectable compliance level of  around 90% .

The Property Tax legislation mentions  a financial penalty for not completing an LPT1 form.  It appears that this penalty will not be automatic – Revenue say they “will follow up with you if you do not submit your LPT Return form”
Revenue also say that… “Penalties will not be imposed automatically and will be preceded by engagement with the taxpayer. If you don’t send your completed return to Revenue, the penalty (idf applied) will be the amount of tax due, subject to a maximum of €3,000″

IE –  if  your property tax is estimated at  €157 and you don’t return the form – you will then owe double that amount (ie. €314) if Revenue apply the penalty.

More about Property Tax Penalties

More about Property Tax for 2014

All about the Property Tax

10 thoughts on “How Many Property Tax Returns have been Filed ?

  1. The main problem with Barrack-room lawyers offering free advice to others is they have no liability to compensate any poor sucker who follows their advice and suffers a financial penalty as a result.

    As I see it, the State has furnished Revenue with ample statutory powers to collect both LPT PLUS the overdue Household Charge (which will cost twice as much as it cost the sensible folks who paid it last year), without having to incur the hassle, the delay and the costs of going to court.

    And Gerry Adams appears to agree with me – his blog states: “This family home tax, the brainchild of Fianna Fáil, gives the State unprecedented powers to collect it. The financial implications for households are very serious. The only way to stop this tax is to repeal the bill. No other measures such as boycott or refusing to value your home will work.”

    It will be interesting to see how things develop over the next few months, but I reckon that the Government and Revenue have got things pretty well sewn up.

    • Perhaps you’re right in the way you see it. That is your choice in a free democracy. That is the essence of democracy. The right to express your beliefs and your dis-beliefs without fear as you feel fit to do so. Those who are contesting this tax and have refused to make a declaration and pay because of what they see as human rights breaches, are doing so because that’s the way they see it and the evidence is beginning to stack up in their favor. The case in the small district courthouse in Westport is turning the tide on this tax and it’s fundamentals and Revenue, just like everyone else, have to obey the law no matter what statutory powers they think they have. If the non-conformists and the SPV achieve their goal and this tax falls, those shareholders that did register and pay will be re-compensed by the state along with damages while the “sensible folk” will be left wondering what they could have done with the 100 euro plus LPT they gave willingly or otherwise. Maybe they could have put it towards their standing charge on their water meters?……

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