Half of property tax estimates ‘could be wrong’

Up to half of the estimates for the controversial property tax being sent out to over 1.6m households from Monday could be inaccurate, the Revenue Commissioners have admitted.

Revenue chairwoman Josephine Feehily stressed the importance of the self-assessment nature of the tax after acknowledging that more than 800,000 estimates could place a wrong value on a property, with a consequent impact on the amount of tax owed.