Close Menu
Invest Insider News
    Facebook X (Twitter) Instagram
    Thursday, April 16
    Facebook X (Twitter) Instagram Pinterest Vimeo
    Invest Insider News
    • Home
    • Bitcoin
    • Commodities
    • Finance
    • Investing
    • Property
    • Stock Market
    • Utilities
    Invest Insider News
    Home»Property»Urgent property tax warning for thousands of homeowners
    Property

    Urgent property tax warning for thousands of homeowners

    March 24, 20263 Mins Read


    Thousands of employees will be shamed in their workplace for not paying their Local Property Tax, as Revenue is about to contact their bosses to claim the unpaid amounts directly from their salaries.

    Local Property Tax (LPT) payments have been made for more than 1.9million properties. Revenue states there are returns outstanding for around 390,000 properties. Of those, the LPT estimate has been paid in full, or a payment instruction is in place, for 227,000 properties.

    Taking the amount from people’s salaries would work in a similar way to how people pay their income tax and PRSI, which is deducted from wages before they are paid.

    Pic: CHUNYIP WONG/Getty Images
    Thousands of employees will be shamed in their workplace for not paying their Local Property Tax, as Revenue is about to contact their bosses to claim the unpaid amounts directly from their salaries. Pic: CHUNYIP WONG/Getty Images

    Property tax for average homes – worth €437,501 to €525,000 – is €495, so the outstanding amount due from the homeowners who still have not settled their bills is around €80million.

    Revenue said yesterday it had reminded property own – ers who have not filed an LPT return as part of last year’s revaluation process ‘to do so now’.

    Revenue’s Katie Clair said: ‘While the majority have filed their return and paid their liability, we are reminding all residential property owners that they were legally required to submit an LPT return to Revenue last November.’

    Irish Tax and Customs office in downtown Dublin, Ireland. Also known as Revenue.
    Property tax for average homes – worth €437,501 to €525,000 – is €495, so the outstanding amount due from the homeowners who still have not settled their bills is around €80million. Pic: Getty Images

    The property valuation submitted through this process determines the LPT charge applicable for each year from 2026 to 2030. Revenue published LPT statistics on Monday as part of its Property Tax Statistics publication.

    Revenue is about to begin its annual LPT ‘non-compliance campaign’ for the almost 170,000 property owners who have not filed their return or put a payment in place.

    Letters will be sent to property owners at work this week, advising them that they have two weeks to file their return and pay up, or their employer will be instructed to begin deducting the amount from their wages. Further letters to other categories will follow.

    Just over 227,000 properties are currently paying their 2026 LPT estimate through recurring payment methods such as direct debit or salary deduction. These property owners still have to file their LPT return and update their valuation band. Failure will result in enforcement action.

    Ms Clair added: ‘Now the annual debit instruction date of 20 March has passed, I’d like to thank the 1.4 million property owners who have paid LPT for 2026. A key part of the return is selecting the LPT band that applies to the market value of the property on November 1, 2025.

    ‘Regardless of whether you have paid in full or have a rollover payment arrangement in place, or even where you agree with the notice of estimate Revenue has made for your property, you still need to file an LPT Return to confirm the correct valuation band. Such property owners now need to make sure that they engage with Revenue and submit their LPT Return.

    ‘Our LPT compliance campaign starts this week. We are writing to property owners in employment notifying them if they don’t file their return and make a payment arrangement within a fortnight, we’ll instruct their employer to deduct their LPT from their wages.’



    Source link

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
    Previous ArticleSK hynix says is taking steps for listing on U.S. stock market
    Next Article Bitcoin (BTC) Finds Bottom Amid Iran Conflict Uncertainty, Bernstein Claims

    Related Posts

    Property

    China GDP beats at 5%, but 11.2% property slump raises alarms

    April 15, 2026
    Property

    Navigating a cautious UK housing market in 2026 and why surveying insight matters more than ever – Ison

    April 15, 2026
    Property

    Could void property value be found under the hammer?

    April 15, 2026
    Leave A Reply Cancel Reply

    Top Posts

    How is the UK Commercial Property Market Performing?

    December 31, 2000

    How much are they in different states across the US?

    December 31, 2000

    A Guide To Becoming A Property Developer

    December 31, 2000
    Stay In Touch
    • Facebook
    • YouTube
    • TikTok
    • WhatsApp
    • Twitter
    • Instagram
    Latest Reviews
    Bitcoin

    Auteur de « Rich Dad Poor Dad »: Bitcoin à 1 million de dollars, le plus grand effondrement financier commence

    June 6, 2025
    Investing

    How to invest in private markets like the super-rich: Hamilton Lane’s Juan Delgado-Moreira

    July 21, 2024
    Commodities

    Oil Market Faces Growing Surplus as Inventories Climb, IEA Says — Commodities Roundup

    November 13, 2025
    What's Hot

    Gold: Triangle Breakout Could Mark Start of a Multi-Month Rally Toward $4,000

    September 3, 2025

    ‘Critical’ Bitcoin Price Crash Warning Sparks Serious ‘Violent Cascading Liquidations’ Prediction

    February 24, 2026

    Stock Markets Today ​Highlights: Markets end off early lows – Nifty closes above 25,800, Sensex down 1,000 points; Defence bucks the trend – Market News

    March 2, 2026
    Most Popular

    2024 Record Year for UK Housing Market

    October 29, 2024

    Commodities giant Glencore is ordered to pay over $150M in wake of Congo mining bribery case

    August 5, 2024

    Poly Property annonce une valeur des ventes contractuelles de 3,9 milliards de RMB pour le mois de mai

    June 6, 2025
    Editor's Picks

    How a $100 Oil Shock Is Putting Bitcoin’s Digital Gold Status to the Test

    March 29, 2026

    Florida Revises Criteria for Usurious Consumer Loans

    July 19, 2024

    Trump Announces Trade Agreement With Britain — Commodities Roundup

    May 8, 2025
    Facebook X (Twitter) Instagram Pinterest Vimeo
    • Get In Touch
    • Privacy Policy
    • Terms and Conditions
    © 2026 Invest Insider News

    Type above and press Enter to search. Press Esc to cancel.