MyHome.ie have today claimed that €463m was collected in Local Property Tax (LPT) by Revenue last year, reflecting an average compliance rate of 97%. This compliance level is understood to be in line with previous years.
Laois had the highest compliance rate of any county at 99.8%, while the lowest rate was in Co Donegal (92.6%). The data shows 2016 LPT collections included €50m in prepayments for this year, €70m in payments for previous years, as well as €8m in Household Charge arrears.
Last year, 864 cases were referred to the Sheriff and 40 cases to Revenue’s external solicitors for collection while over 20,000 tax clearance requests were refused on foot of LPT non-compliance.
Revenue also imposed almost 9,500 Income Tax and Corporation Tax surcharges on foot of LPT non-compliance of which around 70% were subsequently mitigated once LPT payments were received.
Source: www.businessworld.ie
