Taxes Consolidation Act 1997 section 653BF

Surcharge for late filing of vacant homes tax return

Section 653BF imposes a surcharge where a vacant homes tax return is not filed on time.

• An incorrect return filed deliberately or carelessly is treated as not filed unless corrected by the return date.
• An innocent incorrect return is treated as not filed unless corrected without unreasonable delay once the error comes to the person's attention.
• A return that Revenue considers inadequate is treated as not filed unless the person provides the additional return or evidence requested within the time specified by Revenue.
• The surcharge is 5% of the tax due if the return is filed within two months of the deadline, or 10% if filed later.