Landlords are being reminded that their rates must be paid in full by 30 September, to benefit from a reduction in their rate bills.

There are two types of landlord 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 rates assessed for the year.

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A prompt payment allowance is currently awarded when a landlord pays in full by the date due on their landlord's rate bill. This allowance does not include their residential address, second homes or personal holiday homes.

Payment can be made by telephone or online using a credit or debit card. A handling fee of 2% will apply for payment by credit card. Landlords are advised to allow a minimum of five working days for any payment, not made by telephone or Direct Debit, to reach LPS and 10 working days for any payment made via the Post Office. If LPS does not receive full payment by 30 September 2014, the prompt payment allowance will not be awarded.

(CD/JP)