I sold a property (NPPR) November 2014. I have historically been extremely diligent in discharging my tax returns and payment of NPPR, LPT etc. As the house was sold in 2014, I assumed I had no LPT liability for that property in 2015. Indeed my LPT online indicated everything was hunky dory, no outstanding liabilities, my own PPR fully up to date etc.
I get an alert from my Financial Controller (I am a proprietary director of a company) to say our Tax Clearance cert is being held up due to some issue relating to me. I call revenue to figure out, and it turns out I am liable for 2015 LPT for the house sold in 2014. Whilst it stuck in the craw, I immediately paid the €344 due by going to the post office (I couldn't do it online as it wasn't appearing in the online LPT against me). The lady from Revenue apologised for the surprise and that it was obviously not my fault as I had not been notified by Revenue of the obligation. She said there would be no question of an interest or penalty due to the circumstances.
End of October (before the Tax Clearance issue above came up) my tax return is filed and shows a refund due of €2.5k. Looking forward to the refund as we could do with it.
Last Friday I get a Notice of Assessment from Revenue, with an LPT surcharge of over €7,500, meaning I now owe revenue over €5k rather than receiving refund of €2.5k
Rang Revenue immediately to discuss, and was told by the LPT people that it was out of their hands, that there is a "surcharge group" who decide these figures. She said the surcharge on mine was the highest she had heard, and that she saw no justification for it, but that all she could do was write to the group.
This is madness
I get an alert from my Financial Controller (I am a proprietary director of a company) to say our Tax Clearance cert is being held up due to some issue relating to me. I call revenue to figure out, and it turns out I am liable for 2015 LPT for the house sold in 2014. Whilst it stuck in the craw, I immediately paid the €344 due by going to the post office (I couldn't do it online as it wasn't appearing in the online LPT against me). The lady from Revenue apologised for the surprise and that it was obviously not my fault as I had not been notified by Revenue of the obligation. She said there would be no question of an interest or penalty due to the circumstances.
End of October (before the Tax Clearance issue above came up) my tax return is filed and shows a refund due of €2.5k. Looking forward to the refund as we could do with it.
Last Friday I get a Notice of Assessment from Revenue, with an LPT surcharge of over €7,500, meaning I now owe revenue over €5k rather than receiving refund of €2.5k
Rang Revenue immediately to discuss, and was told by the LPT people that it was out of their hands, that there is a "surcharge group" who decide these figures. She said the surcharge on mine was the highest she had heard, and that she saw no justification for it, but that all she could do was write to the group.
This is madness