Finance (Local Property Tax) Act 2012 section 133B

Personal Insolvency Act 2012

Section 133B provides for the deferral of local property tax where a liable person is subject to an insolvency arrangement under the Personal Insolvency Act 2012.

• A liable person who has entered into a formal insolvency arrangement may apply to defer their local property tax obligations.
• The deferral also applies where the person holds a residential property in trust for creditors under the terms of such an arrangement.
• The deferral covers any local property tax falling due during the period the insolvency arrangement remains in effect.
• To avail of the deferral, the liable person must make a valid claim to Revenue.