The Local Government (Charges) Act 2009 introduced a €200 annual charge on Non-principal private residences. This charge is levied on the following main types of properties:
Private rented property
Vacated property (except new but unsold residences)
Please note that certain types of property are exempt from this annual charge, if you are in any doubt about the liability of your property you may liaise with your local authority.
A property owner’s liability to pay the charge will be assessed on the basis of ownership of the property in question on the 31st of March each year. Therefore please note that you must pay the NPPR charge for 2011 on or before the 30th June 2011 to avoid late payment fees.
The Private Residential Tenancies Board (PRTB) is an organisation set up by the Irish Government to provide a dispute resolution service for landlords and tenants. The PRTB is also responsible for tenancy registration and since September 2004 all landlords must register new tenancies with the board. In addition the PRTB will carry out research in order to provide policy advice, guidelines and information on the private rented sector in Ireland.
It is imperative that if you wish to claim a tax deduction for the interest charged on loans acquired to purchase a rented property, that you remain compliant with the PRTB registration at all times.