Water Charges

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At this point, it feels like the water charges debates Irish WaterIhave been going on for years. So with a revision to the system finally announced on the 19 November 2014 I thought it would be a good time to summarise the main points. The new measures include: 

1. There is a cap of €260 on annual charges
2. Each household is to receive a Water Conservation Grant of €100 per year provided they register with Irish Water
3. The minimum charge for unoccupied dwellings is €62.50 per service per year. The maximum rate for a single-adult household is €160 per year. The maximum rate for a multi-adult household is €260. All of the rates above are inclusive of the Water Conservation grant of €100.
4. The water services allowance of 30,000 litres per year has been abolished.
5. Charges are being capped and the rate per 1,000 litres of water has been reduced from €4.88 to €3.70
6. PPS Numbers no longer required for registration with Irish Water
7. Closing date for applications is 2nd February 2015
8. The first quarterly bill will be received in April 2015, this will be for the period January – March 2015
9. There will be several payment options for water bills, including direct debit, electronic funds transfer, full or partial payment at post offices and retail outlets
10. If you don’t pay your bills Irish Water will not cut off or reduce your water supply, but late payment penalties will accrue on your account

Declan Moore is Manager in OSK Audit. Contact OSK Accountants Dublin with all your accounting and tax queries.

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• Water Conservation Grant

• Irish Water