In the July issue of our Legal News we outlined the new annual charge of €200 imposed on owners of certain second and additional properties situated in Ireland. Where properties are owned on 31 July 2009 the charge must be paid before 30 September 2009, but no late payment fee will apply if payment is made on or before 31 October 2009.

For tax years including 2010 and later years, where properties are owned on 31 March of the relevant year the charge must be paid before 31 May of that year. However, late payment fee will apply if payment is made on or before 30 June of the year in which the charge is due.

A late payment fee of €20 per month or part of a month will apply for every month or part of month that the €200 charge remains unpaid.