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%)
Irishtaxback.ie as Chargeable Collection Agent
Irishtaxback.ie 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.