What a Difference a Month Makes: Delay in Publishing Non Principal Private Residence Charge Saves Revenue Another Year

Bea C

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What a Difference a Month Makes: Delay in Publishing Non Principal Private Residence Charge Saves Revenue Another Year

After years of landlords fighting the validity of whether or not the Non Principal Private Residence Charge should be tax deductible against rental profits, a landlord, Thomas Collins, has won.
It was decided by the High Court in November.
Of course it wasn't made public till today.

NPPR tax ruled deductible against rental profits

High Court Rules that NPPR Charge is Tax-Deductible - Chartered Accountants and Business Advisors - Dublin and Cork | Crowleys DFK

The issue was whether or not it was a 'local' tax: in spite of it going exclusively to the local authority, Revenue was adamant it was not, as it was not a rate levied by a local authority.

It was €200 per property p.a for the years 2009-2013.
Of course the four year rule means only 2013 can be re-filed now. The one month gap that would have allowed the previous year be scraped back mysteriously went into a vacuum...

What happens now with the replacement Local Property Tax I haven't a clue?
 


Mushroom

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It was decided by the High Court in November.

Of course it wasn't made public till today.
Is that so?

13 Jan 2017

12 Jan 2017


Perhaps the delay was because Reynolds J didn't get around to writing up her verdict until a few weeks after she had delivered it in the High Court?
 

Mushroom

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Why didn't you tell everyone so?
Not my job! You should be asking FF's eager young ACA, Master McGrath why he dropped the ball.

Maybe Revenue will appeal the verdict to the Supreme Court.
 

Bea C

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Not my job! You should be asking FF's eager young ACA, Master McGrath why he dropped the ball.

Maybe Revenue will appeal the verdict to the Supreme Court.
Or hopefully the Irish Property Owners' Association will with regard to the years 2009-2012.

And what obligation is Michael McGrath under, specifically?
 

Mushroom

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And what obligation is Michael McGrath under, specifically?
To know what is going on in the world of finance and taxation. That's why he's always lepping up and down about populist trivia in the Dáil.
 


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