Finance (Local Property Tax) Act 2012 section 74

Payment of local property tax deducted by employer

Section 74 sets out the employer's obligation to account for and remit local property tax (LPT) deducted from an employee's pay to the Revenue Commissioners.

• An employer who deducts LPT from an employee's emoluments is accountable for the full amount deductible and must remit it to Revenue.
• The LPT deducted is treated as though it were income tax under the PAYE system, meaning the same rules for accountability and liability apply.
• The employer must remit the deducted LPT to the Collector-General at the same time and in the same manner as PAYE income tax remittances.
• The obligation to deduct and remit arises from a direction issued to the employer by Revenue under the Act.