NPPR Bites Landlords

Landlords – Beware of the Non-Principal Private Residence (NPPR) charge, or its late payment penalties more to the point. This charge has been payable since 31/07/2009 and at only Euro 200 per annum per property, it doesn’t sound too bad. Wrong!

The penalties for late payment are Euro 20 per month per year of charge per property and it is up to the owner to register for the charge. This is not made easy by the website as you have to type in illegible words that appear on the screen just to log in. Staff have been told many times that this was the reason a landlord didn’t register for the charge. After the initial charge for 31/07/09, all future due dates were 31st March. If you are only now getting around to paying the charges for the first time you will see that the penalties equate to an extortionate rate of interest

31/07/2009 Was 200 – now 820

31/03/2010 Was 200 – now 660

31/03/2011 Was 200 -now 420





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Helping people to cut costs and get better value - Good Financial Housekeeping
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