This article is from page 56 of the 2009-09-08 edition of The Clare People. OCR mistakes are to be expected so download the original SWF or the rendered page 56 JPG
LIAM Daly of Property Partners Joseph Daly and Associates, Ennis, this week warned owners of second properties not to get hit with a fine for late payment of the new property FD. @
“The new €200 annual charge has been introduced on Irish residential property on non-principal private residences payable by the owners of these properties under the Local Government (Charges) Act 2009. The charge applies mainly to owners of private rental property and holi- day homes. However, it also applies to vacant residential property unless newly built but unsold,” said Daly.
He explained, “Liability to pay the charge is determined by ownership of a relevant property on the “liabil- ity date” and July 31, 2009, has been set as the liability date for the current
year.
Payment of the charge for this year is due by September 30. If payment of the charge is not made by Octo- ber 31 this year, a €20 late payment fee will apply for each month or part of month during which the charge is us} oy-Blee
Liam Daly observed, “We have found the majority of our clients are aware of the second homes property tax but are not aware of the fine.
‘“There’s enough pain in having to pay the €200 tax in the first place, especially in light of reduced rents and BER Cert costs. You want to avoid getting hit with an additional €20 fine for every month after Oc- tober that you haven’t paid because it could add up”.
For more details of how the Second Home Tax may affect you, contact Property Partners Joseph Daly and Associates on 065 6893257.