High Court Rules NPPR IS Tax-Deductible

Discussion in 'Property investment and tenants' rights' started by T McGibney, Jan 16, 2017.

  1. Ceist Beag

    Ceist Beag Frequent Poster

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    No need to wait Bronte, you now know what you need to do!
     
  2. Bronte

    Bronte Frequent Poster

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    Common now Ceist Beag, I decided on the four year deadline for the first year to claim it. So I've nothing to do. I got my tax deduction. As far as I know most landlords did.
     
  3. Bronte

    Bronte Frequent Poster

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    Why should they get praise for doing what they are supposed to do?

    In any case if they'd let us know their legal tax advice, I'd have more respect for them. And I suspect the IT is bang on the button about their reasons for an appeal.
     
  4. Sarenco

    Sarenco Frequent Poster

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    Revenue are setting up an online facility for the convenience of impacted taxpayers - they are not under any obligation to do so.
    No slip Bronte. The High Court held that the NPPR was a rate payable to a local authority and hence deductible. Do you disagree with that finding? I don't.
     
  5. Brendan Burgess

    Brendan Burgess Founder

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    Guys, you have probably debated this enough.

    I have not been following it. But discoveries and insights and advice after the first page of a thread will be missed by most people.

    Would someone volunteer to do a summary of the story in a new thread?

    What should landlords who have paid the NPPR do?

    Brendan
     
  6. Sarenco

    Sarenco Frequent Poster

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    If they didn't include NPPR as a deductible expense on their income tax returns, they should submit a tax refund claim now (or at least as soon as the online notification facility is in place).

    It won't be processed by Revenue until the outcome of the Court of Appeal decision is known but it preserves rights that might otherwise become time-barred.
     
    Nordkapp likes this.
  7. Mebs

    Mebs Frequent Poster

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    When can the Court of Appeal ruling be expected to be delivered?
     
  8. landlord

    landlord Frequent Poster

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    Just for information. In late Jan/early February I wrote in to FINGAL revenue using "my enquiries" on ROS giving details of this ruling and requesting a refund for 2013 on 5 properties. A refund was given to me within a week.
     
    Mebs and cremeegg like this.
  9. Nordkapp

    Nordkapp Frequent Poster

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    By way of update, I submitted a claim for NPPR on a few properties for 2013. It was not challenged and I got a deduction in tax liability.
     
  10. Ravima

    Ravima Frequent Poster

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    Just for information. In late Jan/early February I wrote in to FINGAL revenue using "my enquiries" on ROS giving details of this ruling and requesting a refund for 2013 on 5 properties. A refund was given to me within a week.

    Do you mean you got a full refund?
     
  11. Logo

    Logo Frequent Poster

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    Last edited: Oct 14, 2017
    I'm completing tax return for 2016 and including a deduction of NPPR payments that were previously disallowed. I assume that this is an allowable expense on ROS within the 4-year rule?
     
    Last edited: Oct 14, 2017
  12. torblednam

    torblednam Frequent Poster

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    I don't understand what this has to do with your 2016 return?

    You need to seek an amendment of the relevant prior year(s) returns.