Stamp Duties Consolidation Act 1999 section 126C

Surcharge for late filing of return

Section 126C imposes a surcharge for late filing of returns relating to various stamp duty levies, with the surcharge also applying where statements are incorrect or where Revenue requires further information that is not supplied in time.

• Applies to returns for card, bills of exchange, credit card, life policy and insurance levies.
• Incorrect statements, whether careless, deliberate or otherwise unremedied, are treated as late.
• Surcharge of 5% (capped at €12,695) where return is up to two months late.
• Surcharge of 10% (capped at €63,485) where return is more than two months late.