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10/09/2012

Reminder Issued For Landlords On Rate Discount Payment

Land & Property Services (LPS) is reminding landlords who have an Article 20 or Article 21 account that their rates should be paid in full by 28 September 2012 in order to receive the respective allowance of their bill.

A rating allowance is currently awarded when a landlord accepts rates liability for domestic or business property/properties. This does not include their residential address, second homes or personal holiday homes.

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There are two types of landlords accounts available. Under the Article 20 account landlords get a 7.5% allowance and under the Article 21 account they get a 12.5% allowance on the total amount of their bill.

An LPS spokesperson said: "You should allow a minimum of five working days for any payment not made by Direct Debit to reach us and 10 working days for any payment made via the Post Office. If LPS does not receive full payment by 28 September 2012 you will not receive your allowance."

(CD)

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