local property tax – self correction guidelines · advice, including legal advice. it should not...

1 The information in this document is provided as a guide only and is not professional advice, including legal advice. It should not be assumed that the guidance is comprehensive or that it provides a definitive answer in every case.

Local Property Tax (LPT) Return

Self-Correction Guidelines for

Residential Property Owners

July 2014

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Local Property Tax (LPT) Return Self-Correction Guidelines for Residential Property Owners

Property owners may self-correct their LPT Return(s) in respect of the following:

• Under-valuations and underpayments of LPT.

• Exemption or deferral claimed incorrectly.

• Over-valuations and overpayments of LPT.

• Exemption or deferral not claimed (owner was entitled to an exemption/deferral).

Guidance on how to self-correct a Return is provided below.

Under-valuations and Underpayments of LPT

A central part of the Local Property Tax Return for 2013 was that owners of residential properties

had to select a valuation band [or the actual valuation for a property if valued at over €1 million] for

their residential properties at the valuation date of 1 May 2013.

Revenue will be carrying out reviews of LPT valuations during 2014 and subsequent years and

interest and penalties may apply to any underpayments.

Taking the opportunity to self-correct, in advance of a Revenue review of your Return, is important

for you if you have concerns that your property has been undervalued.

When an under-valuation is corrected, the revised LPT liability will replace the original liability

declared for 2013 and will also form the basis for the 2014, 2015 and 2016 liability. When self-

correcting, the property owner must also make arrangements to pay the additional liability to

Revenue in respect of 2013 and 2014.

The easiest way to self-correct an under-valuation is to go online and revise the original valuation

band/valuation declared in the 2013 LPT Return.

Follow the steps set out on pages 4 – 11 of this Guide to correct your valuation band/valuation

and select an online payment option for the underpayment of LPT arising from the self-

correction. This online facility only allows owners to self-correct their valuation upwards. For questions on self-correction or assistance in self-correcting your 2013 Return contact the LPT

Helpline on 01 738 3626.

Exemption or Deferral claimed incorrectly

If you have claimed an exemption or a deferral for 2013/2014 that you are not correctly entitled to,

you can amend your Return using the online self-correction facility.

Follow the steps on pages 12 -19 (to change a property from exempt to liable to LPT) and on

pages 20 – 24 (to change from a deferred payment method to paying LPT).

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For questions on self-correction or assistance in self-correcting your Return contact the LPT

Helpline on 01 738 3626.

Over-valuations and Overpayments of LPT

There have been a small number of cases where property owners have overvalued their property

and subsequently overpaid their LPT due to an error or mistake in completing the 2013 LPT Return.

The online self-correction facility cannot be used to self-correct a valuation downwards. Property

owners must submit their claim in writing to the Local Property Tax Branch, Revenue

Commissioners, PO Box 1, Limerick. In making a claim for a refund, the property owner should

clearly explain how the error or mistake occurred, confirm the revised valuation band/valuation for

the property and include relevant documentation in support of the claim. Any of the following types

of supporting documentation can be submitted to Revenue:

• A copy of a professional valuation as at 1st

May 2013 (if one is available).

• Photographs of the property clearly indicating the features that influence a lower valuation.

• Documented information on property sales for comparable properties in the local area

around 1st

May 2013 e.g. from the Residential Property Price Register www.propertypriceregister.ie

• Documented information on any house prices survey in the area reflecting values around 1st

May 2013.

• Details of advertised house prices for comparable properties in the area around 1st

May

2013 e.g. from www.daft.ie or www.myhomes.ie

Revenue will examine each claim in advance of refunding any overpayment and reserves the right

to seek additional information if considered necessary before determining the validity of the

overpayment claim.

It will be possible to offset some or all of the overpayment to the owner’s 2014 LPT liability, if it is

not already paid, or to make a refund of the overpayment, provided the owner’s tax affairs are up to

date.

A false claim will result in the imposition of penalties under Section 147 of the Finance (Local

Property Tax) Act 2012 (as amended).

Exemption or Deferral not claimed (owner was entitled to the exemption/deferral)

Under section 8 of the LPT legislation any person who purchased a second hand property in 2013

and occupies it as a sole or main residence is entitled to an exemption from LPT. If you purchased a

second hand property between 1 January 2013 and 1 November 2013 and qualify for this exemption

(but did not claim it), you can correct your LPT Return and claim the exemption online. Step-by-

step instructions are available on the Revenue website at: Claiming an exemption under section 8

for a second hand property purchased in 2013 by a non-first time buyer. For questions on self-

correction or assistance in self-correcting your Return contact the LPT Helpline on 01 738 3626.

In all other cases, where owners did not claim an exemption or a deferral for 2013/2014 and

subsequently discover that they were entitled to an exemption or deferral and wish to claim it, the

claim must be submitted in writing to Revenue. It will not be possible to correct the LPT Return

using the online self-correction facility. Claims for exemption or deferral should be sent to the

http://www.propertypriceregister.ie/

http://www.daft.ie/

http://www.myhomes.ie/

http://www.revenue.ie/en/tax/lpt/section8-exemption.html

http://www.revenue.ie/en/tax/lpt/section8-exemption.html

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Revenue Commissioners, LPT Branch, P.O. Box 1, Limerick. Owners should also provide their

name, Property ID, property address and their PPSN or tax reference number. Further information

on exemptions and deferring payment of LPT is available on the Revenue website.

Revenue will examine each claim and reserves the right to seek additional information if considered

necessary before determining the validity of the claim.

It will be possible to offset some or all of the overpayment to the owner’s LPT liability (on another

property), if it is not already paid, or to make a refund of the overpayment, provided the owner’s tax

affairs are up to date.

A false claim will result in the imposition of penalties under Section 147 of the Finance (Local

Property Tax) Act 2012 (as amended).

http://www.revenue.ie/en/tax/lpt/exemptions.html

http://www.revenue.ie/en/tax/lpt/deferring-payment.html

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Step by Step Guide to making a Self-Correction online – correcting an undervaluation

Step 1: Log on to www.revenue.ie and click "Login to LPT Online".

Step 2: Enter your PPSN or tax reference number, your Property ID and PIN and click "Login".

http://www.revenue.ie/

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Step 3: If your 2014 Return is presented to you, you should change this to 2013 by clicking on

“Review a different year” and selecting 2013 from the list. Your 2013 Return will then be presented

to you.

To amend your 2013 Return, click “Correct Return” and select “Yes” to the confirmation message

received (second screen shot below).

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Step 4: On the Calculation Details section of the LPT Return Summary details, select your correct

property value band

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Note: The online self-correction facility can only be used to self-correct a valuation upwards.

You are not authorised to amend your valuation downwards and an error message appears if this

action is taken.

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Step 5: After inputting details, click "Continue".

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Local Property Tax • J:)-\ s·r- L.::d, ::;

Pertod Detail s * Denotes a required field.

Filing Period 01/07/2013- 31/12/2016

I

Liable Person Detail s

Liable Person Name and Registration Number JOHN SMITH (1222357P) I !reyou the Liable Personor acting on beha f ofthe Liable Person? ® I am the liable Person G

O Iam acting on behalf of the Liable Person

Is the Liable Person resident in Ireland? * @ Yes

Q No

Email emaii@Saf'lllle.ie 1 G j Property Details

Property Address 22 REVENUEST REET, DUBLIN 2 I Isthis the liable Person's primary residence? * 0 Yes

0No

Isthis property exempt from Local Property Tax? * 0Yes (See Crit eria)

@ No

Registered Property Owners

-

You are the only registered o\'.ner for this property

You mey add olher owners to lh\s properry by clicking the button below.To remove or change eXIsting o·...Tiershlp deta'ls please contact LPT Branch by post at LPT Branch, P.O.Box 1,Limerick.

0 Add notrlerowner

Calcu latlon Detail s

Select you r Property Value Band* 6: €300,001 €350,000 ·) G I

LPT Charge €292 G

Total Amount Due €292 I + Bck

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Step 6: You will be presented with the range of payment options. Select your preferred payment

option and enter the relevant details. After inputting the payment details, click "Continue".

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Step 7: You will be directed to the confirmation screen. If you require a confirmation for your self-

correction and accompanying payment, tick the "Would you like to receive an Email Confirmation"

box. An email address box will be presented to you for completion.

Step 8: Click "Submit Details" to finalise your self-correction and make your payment.

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Step 9: You will then be presented with the Acknowledgement Screen which you can print and

retain for your records.

Note: You will also need to confirm how you will pay the additional 2014 LPT liability arising

from the self-correction of your 2013 LPT Return.

If you paid your 2014 LPT liability in full:

• You can access your 2014 Return by clicking "Go back to Property Overview”, then

clicking “Review a different year” and selecting 2014 from the list.

• Select ”Change Payment Method”

• Follow the steps 6 to 9 above

If you are paying your 2014 LPT liability in phased payments throughout 2014:




• On the Payment Options Screen select the “Continue” button


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Step by Step Guide to making a Self-Correction online – Change Property from Exempt

to Liable to LPT

Step 1: Log on to www.revenue.ie and click "Login to LPT Online". Enter your PPSN or tax

reference number, your Property ID and PIN and click "Login".


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Step 2: Confirm that the Return for the year you wish to make the correction is presented to you.

For example, if your 2014 Return is presented to you but you want to amend the 2013 Return, you

should change this to 2013 by clicking on “Review a different year” and selecting 2013 from the

list. Your 2013 Return will then be presented to you.

Select “Correct Return” to amend the exemption.

Step 3: Review Confirmation message and select “Yes”.

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Step 4: Amend Property Details section on the return. To change the exemption status of the

property, select “No” to the question Is the property exempt from Local Property Tax?

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Step 5: Click "Continue" to finalise your self-correction.

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Step 6: You will be presented with the range of payment options. Select your preferred payment

option and enter the relevant details.

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Step 7: After inputting the payment details, click "Continue".

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Note: If you corrected your 2013 LPT Return, you will also need to confirm how you will pay

the 2014 LPT liability.





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Step by Step Guide to making a Self-Correction online – Change from Deferred

Payment Method to paying LPT

Step 1: Log on to www.revenue.ie and click "Login to LPT Online". Enter your PPSN or tax

reference number, your Property ID and PIN and click "Login".

Step 2: Confirm that the Return for the year you wish to make the correction is presented to you.

For example, if your 2014 Return is presented to you but you want to amend the 2013 Return, you

should change this to 2013 by clicking on “Review a different year” and selecting 2013 from the

list. Your 2013 Return will then be presented to you.

Select “Change Payment Method” to amend the deferral payment type.


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Step 3: On the Payment Options Screen, change the “How would you like to pay?” dropdown

selection from deferral to one of the other Payment Options.

22

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Step 4: Select the "Continue" button

Revenue ft ' d LO-CALL 01 738 3626 I FAQS I HELP I ACCESS IBILITY I GAEILGE

Local Property Tax :. MARY KELLY (7896968M) ril!l!ll

Period Details

Payment Period 01/07/2013.31112/2013

Payment Options

Please confirm if you would like to make a payment now

You h•we previously set up a P•wment tor this property. Amending this payment will cancel the previous payment instruction.

• Denotes a required field

Total Amount Due €337.00

Amount Outstanding (337.00

How would you like :a pay? .. Pay via Service Providers

A Note that any change to this period's payment method will not affect the

payment method selected for other periods

Partial Deferral (Eligibility Criteria) D Tick this box if you believe you are entitled to Partial Deferral G

Pay via Service Providers

You can make cash and debiUcredit card payments through a range of Payment Service providers. A full list of qualifying Payment Service Providers is available on the Revenue ie Website .

f-'lease ma1care oe1ow row orren you 1ntena to maKe tn1s payment

How often do you intend to make this payment? • [ Monthly .)

loc.ll Pro1>e1ty TtlX

Local Property Tax HomePage

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Contact the LPT Br<'lnch

Lo-cau:01 738 3626

International:+ 1 738 3626

Email the LPT Helpdesk

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24



Note: If you corrected your 2013 LPT Return, you will also need to confirm how you will pay

the 2014 LPT liability.





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