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Interest on unpaid tax

IT/CGT/CAT/CT

Interest, in relation to Income Tax, Capital Gains Tax, Capital Acquisitions Tax and Corporation Tax, is charged on late payments as follows:

Valuation period % Interest
From 31/03/76 to 31/07/78 0.0492%
From 01/08/78 to 31/03/98 0.0410%
From 01/04/98 to 31/03/05 0.0322%
From 01/04/05 to 30/06/09 0.0273%
From 01/07/09 to date of payment 0.0219%

 

PRSI/PAYE

Interest, in relation to PAYE/PRSI, is charged on late payments as follows:

Valuation period % Interest
From 1/08/1978 0.0492%
From 1/08/1978 – 1/04/1998 0.0410%
From 1/08/1998 – 1/07/2009 0.0322%
From 1/07/2009 0.0274%

 

CAT

Separate interest rates apply where instalment arrangements are entered into in relation to Agricultural or Business Property

Valuation Period % Interest Due
From 08/02/95 to 31/03/1998 0.0307%
From 01/04/98 to 31/03/2005 0.0241%
From 01/04/2005 to 30/06/09 0.0204%
From 01/07/2009 to date of payment 0.0164%

 

VAT

Interest on unpaid VAT is charged at 0.0274% for each day the tax remains unpaid.

Further Reading (legislation):