Finance (Local Property Tax) Act 2012 section 75

Failure by employer to remit local property tax

Section 75 deals with what happens when an employer fails to remit the correct amount of local property tax that was deducted (or should have been deducted) from an employee's pay, and the powers Revenue has to pursue the shortfall.

• Where an employer fails to remit the required amount of LPT to Revenue — whether they failed to notify Revenue of the shortfall or notified but remitted less than stated — Revenue may issue a notice specifying the amount not remitted.
• This notice is treated as a formal demand for payment by the Collector-General, meaning standard tax collection and recovery procedures apply to the outstanding amount.
• The notice can cover any part, or all, of the period during which the employer was directed to deduct LPT from the employee's pay.
• This provision operates without prejudice to any other enforcement action Revenue may take against the employer under section 76 of the Act.