NPPR penalties set to rise by 50% if second-home property owners don’t settle charges by August 31st
The annual charge of €200 applies for all years 2009-2013 and homeowners who have not yet paid the charge are already liable for late payment charges. For example, someone who has never paid the charge now owes €4,220, while a homeowner who missed payment in 2012 and 2013 owes €1,000.
Up until August 31st 2014, no new late payment penalties will be applied to these existing NPPR liabilities. However, if payment is not made in full by this date, or if settlement terms have not been agreed by that date, an additional late payment fee of € 120 per year will be applied on September 1st. In addition, the homeowner’s entire NPPR liability will be increased by a factor of 50 per cent and then frozen.
This means that if a property owner has never paid the charge, they will be liable for an increased fee of €7,230 from September 1st. Those missing payment in2012 and 2013 will see their penalty increase from €1,000 to €1,860. These penalties apply per property, and non-compliant owners of multiple properties will pay a multiple of these charges.
If the aforementioned penalties are not paid,a charge will be held against the relevant property for twelve years after the fees become due, and it will have to be discharged, in full, before a transfer or sale of the property can be completed.
Property owners can contact the relevant local authority to discuss or pay the charge, or alternatively any charges can be settled at www.nppr.ie.
Source: The Irish Times