Revenue praises 95% Local Property Tax compliance

The Revenue Commissioners has lauded the strong compliance culture among taxpayers, noting a 95% rate for Local Property Tax (LPT) payments last year.

In preliminary results for 2014, Revenue said it collected just over €41.28bn in tax last year, which included €452m in LPT for the year and a further €39m for 2015.

New commissioner Niall Cody said the 95% payment rate for the property tax, along with compliance rates of 99% and 97% for large and medium-sized business cases, respectively, shows “a strong compliance culture among our customers”.