Chargeable Collection Agent

Chargeable Collection Agent

As you may be aware, Revenue introduced a non-resident landlord withholding tax (NLWT) system which commenced its operation on 1 July 2023.

In order for non-resident landlords to comply with the new requirements under the new NLWT system, there are 3 options available to them, being:

  • The tenant deducts 20%
  • The Letting Agent or other non-chargeable Collection Agent deducts 20%
  • Appointment of a Chargeable Collection Agent (no requirement to deduct 20%) as Chargeable Collection Agent cannot only be your Collection Agent but also your Tax Agent!

If you are a Non-Resident Landlord or a Letting Agent supporting Non-Resident Landlords and require more information on the role of the Chargeable Collection Agent and our fees, contact us today.

No Refund, No Fee - Straightforward as that!

PAYE individuals in receipt of PAYE income only, can avail of our ‘No Refund -No Fee’ policy. If you are due a tax refund our fee will be 10% plus VAT of any tax refund due to you and remember, there is no upfront payment or minimum charges – our fee is only due when you receive your tax refund.