Bid to replace property tax rejected by party

A bid to abolish the property tax and replace it with a site valuation charge once back in power has been rejected by Fianna Fáil.

Delegates voted down the move to replace the levy amid fears it would hamper future programme for government negotiations.

The party’s finance spokesman Michael McGrath urged grassroots members to vote against the proposal as it would “tie our hands” in such post-election talks.