Finance (Local Property Tax) Act 2012 section 114

Over-deduction of local property tax by Minister

Section 114 deals with the procedure for repaying any excess local property tax that has been over-deducted by the Minister for Agriculture, Food and the Marine from a liable person's scheme payments.

• Where the Minister for Agriculture deducts more local property tax than directed from a person's net scheme payments, Revenue must repay the excess to the liable person.
• The over-deduction is measured by comparing what was actually deducted during the specified period against the amount stated in the original or revised direction from Revenue.
• Any repayment is subject to Revenue's general right to offset the excess against other tax liabilities the person may owe, and to the general rules on repayment of local property tax.
• The repayment is made directly by Revenue to the liable person, not by the Minister for Agriculture.