Finance (Local Property Tax) Act 2012 section 99

Minister to keep records

Section 99 requires the Minister for Social Protection to maintain and retain records relating to deductions of local property tax from social welfare scheme payments.

• Where the Minister receives a direction from Revenue to deduct local property tax from a liable person's scheme payments, records must be kept of the net payments made, the tax deducted, and the amounts remitted to Revenue.
• These records must be retained for a period of six years from the end of the year to which they relate.
• The records must be made available for inspection by a Revenue officer on request, under the powers of inspection provided in the Taxes Consolidation Act 1997.
• The obligation applies whether the direction is an original direction or a revised direction issued subsequently.