531Y Payment, collection and recovery

(1) The parking levy is placed under the care and management of the Revenue Commissioners.

(2) The payment, collection and recovery provisions which apply to PAYE are applied, with necessary modifications, to the payment, collection and recovery of the parking levy.

(3) Where an employer makes an underpayment or overpayment of the parking levy to the Collector-General, an appropriate payment or repayment must be made between the employer and the Collector-General.

(4) An employer, who is obliged to deduct the parking levy, is required to send the following details to the Collector-General with the annual form P35 which the employer is obliged to submit under Regulation 31 of the PAYE regulations:

• total number of employees to whom the parking levy applied in the year, and
• the total amount of parking levy deducted from employees in the year.

Relevant Date: Finance Act 2021