Finance (Local Property Tax) Act 2012 section 122

Third party payment service providers

Section 122 deals with the use of third party payment service providers to collect local property tax on behalf of Revenue, including the treatment of fees and the consequences of a provider failing to remit payments.

• A payment service provider is a person specified by Revenue to accept payments, including cash, towards a liable person's local property tax obligation.
• The provider must remit payments to Revenue after deducting its fee, and Revenue credits the liable person with the net amount received.
• Any fee charged by the provider is treated as part of the overall payment made by the liable person.
• If a provider fails to remit payments to Revenue, the outstanding amount is treated as local property tax owed by the provider itself, with all collection, interest and penalty provisions applying accordingly.