Finance (Local Property Tax) Act 2012 section 77

Over-deduction of local property tax by employer

Section 77 deals with the situation where an employer deducts more local property tax from an employee's pay than is actually owed, and sets out how the overpayment is to be refunded.

• Where an employer deducts more LPT from an employee's net pay than the amount the employer is required to remit to the Collector-General, an over-deduction has occurred.
• Revenue will repay the excess amount directly to the liable person (i.e. the employee or property owner).
• The repayment is subject to Revenue's general right to offset the overpayment against any other outstanding tax liabilities the liable person may have.
• The repayment is also subject to the general rules on repayment of local property tax set out elsewhere in the Act.