Further charge on Investment Property (July 2009)

A yearly charge of €200 is to be imposed on owners of certain second and additional properties situated in Ireland.

Properties, other than the owner's sole or main residence, which are suitable for use as a dwelling will be subject to the charge. This will include rental properties as well as vacant properties and holiday homes within Ireland.

The Local Government (Charges) Act 2009 imposes the charge, and the liability to pay the charge is determined on the basis of ownership of the property in question on a single day each year. This date, named the "liability date", is 31st July for 2009 and is 31st March in 2010 and future years. 

The charge must be paid within three months of the liability date (31st October in 2009 and 30th June for 2010) in order to avoid late payment charges.

Payment may be processed via www.nppr.ie.