Revenue reports 97 per cent LPT compliance rate
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Almost 9,000 property owners have admitted to the tax authorities that they undervalued their houses for property tax purposes, according to new figures from the Revenue Commissioners.
Overall, the figures indicate a 97 per cent compliance rate with the local property tax up to 2015.
“Our statistics show that since 2013, over 8,900 valuations have been increased arising from a combination of self-correction and Revenue challenges,” a spokeswoman for the tax authority said.
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