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Local Property Tax: Revenue will 'double-check' homes aren't undervalued, Donohoe says


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Revenue will double-check property valuations under the new Local Property Tax system to ensure the homes aren t undervalued, the Finance Minister has said.
However, Paschal Donohoe said he believes the overwhelming majority of people do their best to value their homes themselves.
This week has seen the Government
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Homes will be revalued on November 1st, and it s expected that around one-third of homeowners will see their bills increasing by around €90-100.
Homes built since 2013 will also be eligible for the tax for the first time.
Valuation of a home (which determines how much LPT a household has to pay) is something that will be done by homeowners themselves, but reports have indicated Revenue will check valuations to ensure the homes aren t undervalued. ....

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