Revenue to chase undervalued homes for property tax

Revenue is cracking down on the number of homes that were "significantly undervalued" in property tax returns.

According to the Irish Times, officials are targetting those that were estimated to be worth "far lower" than guide values from May 2013.

Nearly a quarter of a million people estimated that their property value was more than €100,000 below the guideline amounts issued by the Revenue Commissioners in May 2013.

Homeowners could have to pay back tax if officials believe the amount declared does not reflect the market value.

Revenue to chase undervalued homes for property tax

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