Revenue to check on home valuations

Revenue to check on home valuations

The Revenue Commissioners has announced a system for checking to see if people have deliberately undervalued their homes to reduce their Local Property Tax below what they should be paying.

Officials will use a system that is based on Google Street View and Google Maps to highlight each property where home owners have reduced the value significantly below their neighbours.

“If we find properties like this we will look at it and see if we should challenge it,” said Revenue’s economist Keith Walsh.

People have been warned they have until March 31st to correct any valuations before the Revenue takes action.

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