Community
Making Property Tax Easier
Central Government passes bill to reduce property tax from 3% to 2% of annual rental value, with amendments for contesting valuations
Central Government passes bill to reduce property tax from 3% to 2% of annual rental value, with amendments for contesting valuations
More than just reducing property tax from 3% to 2% of the annual rental value, Parliament passed a bill that included amendments to allow citizens to challenge valuations. Finance Minister Colm Imbert led the motion and explained that these changes aimed to make the property tax process easier for the population. Reporter Kandace Jackson has more in this story.
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