The Institute, under the auspices of the CCAB-I, made representations on behalf of members at last week’s meeting of the TALC Collections Sub-Committee. At the meeting, Revenue provided an update on local property tax (LPT) and 2024 self- assessment income tax compliance. In addition, Revenue provided an update on the release of the Form 11 and Form 1 for 2025. Revenue asked that we remind practitioners to maintain vigilance and review their security procedures following recent incidents of identity theft.
LPT compliance
Revenue noted that while returns have been filed in respect of 1.4 million properties (70 percent) for 2026, a further 300,000 taxpayers have paid or made arrangements to pay 2026 LPT without filing a return.
2024 Form 11
Revenue noted that there were approximately 620,000 income tax returns filed by midnight 19 November 2025, up 2.3 percent on 2024. Online payments of income tax amounted to 3.45 billion, up 8 percent on 2024.
Revenue advised it will make contact with the small cohort of taxpayers, and their agents, that were impacted by a technical issue relating to UK DIRT.
2025 Form 11 and Form 1
The 2025 Form 11 and Form 1 will be released at the beginning of January 2026. However, as selected functionality has been rescheduled until a further release of the forms in late‑march ,it is recommended not to file a 2025 return where any of the following apply:
Form11
- Sports Bodies Donations (Personal Tax Credits Panel).
- Section 1008A tick box and additional field for the name of the medical partnership.
- Exempt Income, section 216F to be itemised as an exemption.
Form1
- PWST pre-population and updates (Trading Income Panel).
- New fields for NLWT tax paid to date and Preliminary Tax due (Statement of Net Liabilities).
- Additional tick box required to indicate if exempt rental income from leasing of farmland was purchased on or after 1 January 2024 (Irish Rental Income Panel).
Identity theft
In light of a number of practitioners being targeted for identity theft earlier this year, Revenue reminded practitioners to review their security procedures and maintain vigilance. Revenue outlined that it values the role agents play in the safeguarding of the system, however, where exchequer losses are attributed to the failure of an agent’s security controls, Revenue may pursue appropriate recovery and remedial actions.
LOADING...