Paul Murphy (Dublin South West, Socialist Party)
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157. To ask the Minister for Finance if those who enter into agreements with the Revenue Commissioners to pay the local property tax are still liable for a late payment surcharge given that the late payment is factored into the agreement. [41330/15]

Michael Noonan (Limerick City, Fine Gael)
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Section 38 of the Finance (Local Property Tax) Act 2012 (as amended) provides for the application of a 10% surcharge on Income Tax, Corporation Tax and Capital Gains Tax liabilities where there are outstanding Local Property Tax (LPT) Returns or payments. The surcharge is in addition to the amount due in LPT and any accrued interest (8% per annum) on foot of late payment of LPT.

Where a surcharge is higher than the LPT due, the surcharge amount will be reduced to the same amount as the LPT due providing the property owner files the LPT Return and makes payment of that amount.