Finance (Local Property Tax) Act 2012 section 88

Deduction by Minister in subsequent periods

Section 88 deals with the continuation of Local Property Tax deductions from a liable person's net scheme payments in years after the initial return has been filed.

• Where a liable person originally elected to have LPT deducted from net scheme payments, this arrangement carries forward to subsequent liability dates automatically.
• The liable person does not need to file a new return for each subsequent liability date for the deduction to continue.
• The deduction will continue unless the liable person notifies Revenue that they wish to switch to a different payment method.
• The section ensures continuity of the deduction arrangement without requiring annual re-election by the liable person.