Government to overhaul property tax rates to avoid steep hikes ahead of election

New plan aims to have homeowners pay roughly the same as under old system

The government is working on a radical plan to avoid steep rises in property taxes for homeowners ahead of the general election.

Confidential documents obtained from Revenue reveal that the single national property tax rate will be scrapped before house prices are revalued next year for the first time in six years.

Instead, homeowners will be given different property tax rates depending on where they live, in a move that will ease political ...