LPT filing deadline extended to Wednesday

Following representations from Chartered Accountants Ireland, Revenue has extended the local property tax (LPT) filing deadline to 5pm on Wednesday, 10 November 2021. The Institute continues to make representations on the application of LPT surcharges on the filing of an income tax return due on 17 November 2021, where the LPT return is late.

Revenue highlighted that the LPT Helpline was extremely busy in advance of the deadline for filing LPT returns, with daily calls well exceeding 12,000. Following feedback from members, Chartered Accountants Ireland made representations in respect of outstanding queries on My Enquiries/MyAccount relating to lost or unreceived property ID numbers and pins, following which Revenue extended the LPT filing deadline by three days to Wednesday, 10 November.

Revenue also extended the opening hours of the LPT Helpline (01 7383626):

Revenue reminded property owners in its press release that the quickest and easiest way to submit your LPT return is online via myAccount, ROS or the LPT online Portal.

Revenue also confirmed that property owners who have submitted a written query to Revenue (via MyEnquiries or by post) in respect of their 2022 LPT obligations in advance of the filing date, will be treated as having complied with their requirements on time, provided they file their return promptly as soon as their query is resolved.

In relation to the application of a LPT surcharge, Revenue will apply a LPT surcharge when:

• the LPT return that was due has not been filed and an income tax, a corporation tax or a CGT return is filed
• there are outstanding LPT liabilities at the date of filing an income tax, a corporation tax CGT return
• any LPT due is not being paid in accordance with an agreed payment arrangement.

A LPT surcharge can be avoided if LPT irregularities are corrected before an income tax, corporation tax or CGT return is filed. Chartered Accountants Ireland have highlighted the extreme pressures many accountants are facing in the lead up to the 17 November deadline due to Covid-19 and extra work in supporting clients with EWSS/BRSS/CRSS claims, and asked Revenue to take a pragmatic approach and not apply surcharges immediately if the LPT return is outstanding.

We will keep members informed of Revenue’s response through Tax News.

The latest LPT statistics indicate that as of 4 November, returns had been filed for 54 percent of excepted liable properties, and €71 million in LPT had been paid, while €273 million in new payment arrangements were put in place for 2022.