Earlier payment date for €200 tax on second homes

It recently emerged that the date for next year’s payment of the €200 annual charge for owners of non-principal private residences has been brought forward to May.  The charge applies mainly to owners of private rental property and holiday homes.  It also applies to vacant residential property unless newly built but unsold.
 
October 31st was the final date for payment for this year, but the 2010 charge will have to be met before May 31st next. 

According to the Department of the Environment, the payment date was late this year as it took time to introduce the scheme.  Payment was due on September 30th, with one month’s grace before penalties of €20 per month were charged.  The Department states that from 2010 onwards, legislation provided for March 31st  as the ‘liability date’.  Payment of the charge would fall two months later on May 31st, with a further one month’s grace before penalties.

Further information about the €200 charge and payment options is available at http://www.nppr.ie/.

If you require any further information or assistance on how this issue might affect you please contact the Crowleys DFK Tax Department.

Edward Murphy
Tel: 01 6790800 / 021 4272900
Email: emurphy@crowleysdfk.ie