Revenue will accept house valuations 'close to zero', says Minister

Minister for Housing Jan O'Sullivan has said that that the Revenue Commissioners will accept a homeowner's valuation of 'close to zero' if it reflects the true value of a house.

Minister for Housing Jan O'Sullivan has said that the Revenue Commissioners will accept a homeowner's valuation of 'close to zero' if it reflects the true value of a house.

Under the guidelines, houses that are worth less than €100,000 will only have to pay €90 of property tax.