There has been much media commentary on the recently introduced Local Property Tax (LPT). However it is important to note that the Non-Principal Private Residence Charge (NPPR) will also be payable in 2013 in respect of certain properties. The NPPR was introduced in 2009 and is payable in respect of residential properties owned by an individual which is not their principal private residence. If an individual/ company owns a property on the 31st of March 2013 they are liable to pay the NPPR fee to the appropriate local authority by the 30th of June. The NPPR charge is €200 and a late fee of €20 is charged for each month that the charge is not paid. The charge has been abolished from 2014 onwards. The property can be registered and the charge paid online at www.nppr.ie. The return can also be made via a paper return which is also available on the website. It is also possible to discharge liabilities arising from prior periods. Certain exemptions are available in respect of the charge. The main exemptions are: • Residential property owned by certain charities. • A property vacated by an individual as a result of physical or mental illness. • A property occupied rent free by a relative of the owner where the owner resides in the same property or within two kilometres of the property. In summary you should ensure that the charge where appropriate is paid by the 30th of June in respect of 2013 and discharge any liability arising from prior periods. Failure to do so will result in large penalties accruing and the outstanding fees will be required to be discharged before a property is sold. If you require any assistance in relation to the NPPR please contact Eamonn in our tax department on +353 (0) 1 677 9000 or by email for a complimentary confidential consultation. Eamonn Madden is a Tax Manager at Cooney Carey and a member of the Institute of Taxation. Eamonn predominantly manages the personal and corporation tax compliance function within the department and has also gained significant experience in other areas such as RCT and VAT compliance, revenue audits and employment taxes.