Government to increase property tax

[evanovitch]

<span style="font-weight: bold">oh lawd..a juss ovah di weekend mi a discuss some land a yaad n some cost n now mi read eena today paper bout di property tax....wonda how much it a go up</span>
Government to increase property tax

The Government has given the clearest signal yet that property tax is to be increased.

The tax is the biggest source of revenue for local authorities, but compliance from property owners has traditionally been low.

Local Government Minister Noel Arscott, yesterday indicated that the cost of providing services such as garbage collection and street lighting has increased, so the Government needs to collect more.

Making his contribution to the Sectoral Debate, Mr. Arscott announced that the property revaluation exercise will be completed this fiscal year

He says the new rates will be applied during 2013/2014.

This will coincide with plans to increase the level of tax compliance by property owners from 51 to 65 percent.

He's projecting that two-point-seven billion dollars will be collected in property tax this fiscal year.

[mangoskin]

Re: Government to increase property tax

in a recession taxes supposed to decrease - then again, when did the Jamaican govt ever know what it doing?

[sistactry]

Re: Government to increase property tax

me madda,

i was wondering when dis was gween happen,

baxside,

[RichD]

Re: Government to increase property tax

so dem only targeting increasing compliance from 51% to 65 % why not leave the rates the same and get compliance up to 80%?

[mangoskin]

Re: Government to increase property tax

yeah - or better still, decrease the rates and get compliance up to 95%

[j-kid]

Re: Government to increase property tax

Because, den dem would haffi force dem friends an family fi pay up. Bettah fi screw di likkle guy dan duh dat.

<div class="ubbcode-block"><div class="ubbcode-header">Originally Posted By: RichD</div><div class="ubbcode-body">so dem only targeting increasing compliance from 51% to 65 % why not leave the rates the same and get compliance up to 80%? </div></div>

[Dr.Dudd]

Re: Government to increase property tax

<div class="ubbcode-block"><div class="ubbcode-header">Originally Posted By: RichD</div><div class="ubbcode-body">so dem only targeting increasing compliance from 51% to 65 % why not leave the rates the same and get compliance up to 80%? </div></div>It is usually easier to collect more from those eho are currently paying that dilinquent and absentee owners. And government ususlly attempt the easier objective ehen there is a choice.