Those who paid their 2016 LPT in one lump sum or with regular cash payments will have received a letter from Revenue in relation to LPT for 2017.
If you now wish to avail of a phased payment option such as Direct Debit, Deduction at Source or regular cash payments through a Payment Service Provider, you should confirm your payment method by 25 November 2016.
Options for paying your 2017 LPT
No matter how you paid your 2016 LPT, you can select a different payment method for 2017. You can choose to pay in full, in a single payment or spread your payments over 2017:
Deduction at source from salary or occupational pension, or from certain payments received from the Department of Social Protection or the Department of Agriculture, Food and the Marine.
Monthly direct debit from a current account in a bank or certain credit unions.
Making regular cash payments throughout 2017 or making a single cash payment through a payment service provider (An Post, Omnivend, Payzone or PayPoint).
Paying in full by Single Debit Authority (like an electronic cheque) which will be debited by Revenue on 21 March 2017.
Paying in full by Debit Card or Credit Card. Your payment will be deducted on the day you complete the transaction online.
Paying in full by cheque which will be processed as soon as Revenue receives it.
The due date for paying your 2017 LPT depends on the payment method you select:
5pm on 11 January 2017: Latest date for paying in full by cash, cheque, postal order, credit card or debit card.
January 2017: Phased payments by deduction at source and regular cash payments through a payment service provider to start in January.
15 January 2017: Monthly direct debit payments start and continue on 15th each month thereafter.
21 March 2017: Annual Debit Instruction or a Single Debit Authority payment deducted.
Source: Revenue.ie
For more information visit the Revenue website: http://www.revenue.ie/en/tax/lpt/lpt-obligations-2017.html