Eoghan Murphy to change rules on property tax

Housing Minister Eoghan Murphy has confirmed he is planning to amend the rules governing property tax rates to avoid massive increases in bills from next year.

Mr Murphy says bills will no longer be based solely on the value of homes, as is the case, when the current billing regime comes to an end in 2019. Speaking to the Irish Examiner, a spokesman for Mr Murphy said he and Finance Minister Paschal Donohoe are to examine a new billing process in the “coming months”.

It is understood the first meeting to discuss any possible change could take place in the coming days.