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Ireland records highest percentage of taxes paid in country

byCT Report
07/01/2017
in Uncategorized
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DUBLIN: According to Irish tax authorities, as many as 97 percent of all property owners paid taxes last year. The tax authorities have said they collected as much as 463 million euros from tax last year.

Astonishingly, a huge number of people have already paid the taxes for this year.However, this wasn’t without prompting owners to do so: The tax collection authorities had to send as many as 300,000 warning letters telling owners to pay up, or face consequences.

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Further, those who are yet to pay up their taxes can do so via an electronic cheque, also called an annual debit authority by the Revenue Department. Owners doing so must inform tax officials about the same by Wednesday. All the tax shall be hence withdrawn from their accounts in March.

Michael Gladney, Collector General, has stated that since the Revenue Department took charge of tax collection in 2013, as much as 64 million dollars have been collected.

Moreover, as many as 360,000 properties have been taken over by the department following non-payment of taxes on the owner’s behalf.

The collector general said in a statement, “The vast majority of property owners fully comply with their local property tax payment obligations, either in a single payment or with phased payments. As long as payment obligations are being met, Revenue will automatically roll over existing payment methods for property owners who pay by direct debit or by deduction at source from pay/pension.”

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