Just a reminder to all landlords and owners of second homes in Ireland. The new NPPR tax on Non Residential Private Property is due to be paid in full by next Wednesday 30th September 2009.
Read more about this new Irish property tax here.
The charge applies to residential dwellings that are not the sole/main residence of the owner. It appears that owners of most rented property , holiday homes or even vacant property in Ireland will be liable – even if they live abroad. The online payment system at NPPR.ie allows for registration without a PPS number for those owners living outside Ireland. The charge can be paid online with Mastercard or Visa or Laser. It isn’t clear how payments by cheque will be accepted in currencies other than Euro .
It will be interesting to see if the effort required to collect this tax will end up costing more than it generates in income.