Revenue has apologised to about 1,500 people after wrongly taking hundreds of thousands of euro from their bank accounts over recent days as a result of a “payment processing” error. Homeowners were unexpectedly hit with their local property tax (LPT) weeks before Christmas, despite having made direct debit arrangements with Revenue for the sums to be deducted next year. The Irish Times has learned that more than €830,000 was taken from bank accounts in error. Revenue said it was in currently contacting the affected taxpayers who had money removed from their accounts over recent days. Revenue said the the problem had been “fully resolved” and that it would refund any fees or charges imposed on bank customers as a result of its error.

Source: The Irish Times November 30, 2018 01:07 UTC