Property taxes debt write-off to cover 6 years

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CABINET NOTES:

The Commissioner of the Inland Revenue Department and his Deputy were invited to Cabinet in order to operationalize the waivers and forgiveness of property taxes announced last week.

It was agreed that the waiver of unpaid taxes would apply for the period January 1, 2015, to December 31, 2021.

The tax owed for 2022, will be required to be paid.

That payment is to be made before March 31, 2023, in order to realize the waiver/forgiveness.

The rules which currently provide for a 10% waiver when the property tax is paid early, continues to govern; and, pensioners continue to enjoy a 50% discount.

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9 COMMENTS

  1. WHAT MESSAGE IS THE GOVERNMENT SENDING? IT IS BETTER NOT TO PAY YOUR TAXES. IF YOU ARE GOING TO WAIVE SIX YEARS OF TAXES FOR THOSE WHO DON’T PAY YOU SHOULD REFUND WITH INTEREST THE MONIES PAID BY THOSE THOSE WHO PAY

  2. It’s plain to see, that the Ruling Arm of the government, the ABLP is using the treasury/taxpayers monies to fund the ELECTION CAMPAIGN of the political party known as the ABLP.
    This is simply, an ELECTION PLOY.

    Jumbee_Picknee

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