Property Tax in Trinidad & Tobago

[sliderz1]

/sarcasm

[Morpheus]

^^That. I read that and didn't bother to tell him twas sarcasm. LoL

[zoom rader]

http://www.caricom.org/jsp/community/co ... survey.pdf

Our current property tax compared to our neighbours.

Man bring some research that was done in 2004 and say that current.

Trin Citizens get very little in the return of our wealth. If we don't have property tax then its the one benefit that we all can enjoy.
Seems Caricom gets enjoys to our ATM more that trini citizens.

[Habit7]

Well if in 2004 we had the lowest of any property tax, we didnt pay any property tax for 5 years and when it starts back next year, it we be on the same rate as we did in 2004, unless another Caribbean country reduced or removed their property tax, I think it is safe to say we still have the lowest in the Caribbean.

We get subsidised (water, electricity, fuel, housing) free universal education, free chronic prescription medication, housing repair grants, welfare, free senior citizen & children public transport, pension and NIS and you think "get very little in the return of our wealth"?

Well leave.

[zoom rader]

Well if in 2004 we had the lowest of any property tax, we didnt pay any property tax for 5 years and when it starts back next year, it we be on the same rate as we did in 2004, unless another Caribbean country reduced or removed their property tax, I think it is safe to say we still have the lowest in the Caribbean.

We get subsidised (water, electricity, fuel, housing) free universal education, free chronic prescription medication, housing repair grants, welfare, free senior citizen & children public transport, pension and NIS and you think "get very little in the return of our wealth"?

Well leave.

Not for long, PNM start to remove one by one.

Plus one half of the populace don't benefit from state housing, that's reserved for non jhandis planters.

[sMASH]

thennnnn comes in property tax. where they charge u per tile. there wasn't a defined method to calculate it in the manning era, and it wouldn't have one in the village ram era. when the estimator don't like ur head, is what ever figure they say.

[dude2014]

Some body has to pay for the infrastructure, such as roads, electricity, schools, security, hospitals and it comes in the form of taxes. Property taxes, VAT, PAYE, Health surcharge, etc and the infamous NIS, scheme and more scheme.

Trust me when I tell you patos had it worked out and I have the book to prove it. Local Govt had a rate and taxes dept that had completed an exercise to implement same. After spending millions of dollars it was abondon for the Revenue Authority. That was true Local Government reform as they would have retained some of it for roads construction, maintenance, recreation grounds, garbage collection, etc. ....

Property taxes is a necessity. However with poor appreciation for its purpose and the normal mismanagement it is seen as a monster. Just check our relatives in England and the US, they pay Poll tax or property taxes.

[shake d livin wake d dead]

I done vex I have to pay more nis come month end....what next? Property taxes and increases gas prices...

$7tt - $1usd? Or maybe more

[sMASH]

should be a land tax, not an all inclusive property tax. u done pay vat for ur tile and thin set. the purchase of materials was a one time payment, but every year u supposed to be taxed for wanting to enjoy the fruits of your labor.

it should be as simple and fair as pay according to the simple formula of the area of land you occupy and the purpose of the land, be it residential, agricultural, industrial.

[EFFECTIC DESIGNS]

thennnnn comes in property tax. where they charge u per tile. there wasn't a defined method to calculate it in the manning era, and it wouldn't have one in the village ram era. when the estimator don't like ur head, is what ever figure they say.

Yes we must prepare we ass with that property tax. But hey you can do what you does do with all the adjusters for insurance companies, buy them ah bottle of old oak and cook up ah curry duck for them and they will go easy on yuh.

The Banana Republic way.

[hong kong phooey]

the people need to say no to the property tax
that tax is unfair.
you are working for your money and pay taxes. You used that taxed money to purchase a house and then thy want to tax you on that. The bank owns most people houses let them pay the taxes.
Want to see then try to collect tax in Beetham.
Same like vehicles why dont they make the politicians pay taxes on the vehicles they purchase. they can raise the tax on these vehicles for the population. because to them it does not matter 50 % of 0 is still zero.

[GixxerMan]

I done vex I have to pay more nis come month end....what next? Property taxes and increases gas prices...

$7tt - $1usd? Or maybe more

more like 7.5-8.5(suggested) or 10-1(a certain group of ppl who think they are white)...just brace yourselves

[EFFECTIC DESIGNS]

make sure allyuh backside ready for that property tax incoming how much days left?

Tighten allyuh jockey shorts this one is going to be the ride of a lifetime.

Why didn't kamla fix this property tax before she left? why leave it hanging knowing how the PNM going and ramp it up we bamcee? But then again thats part of the political game, hope Rowley ram we that umbrella tax and then pretend to be Ma Kamla the savior vote meh 2020.
But she have something else coming if she think she winning any 2020 election.

[De Dragon]

make sure allyuh backside ready for that property tax incoming how much days left?

Tighten allyuh jockey shorts this one is going to be the ride of a lifetime.

Why didn't kamla fix this property tax before she left? why leave it hanging knowing how the PNM going and ramp it up we bamcee? But then again thats part of the political game, hope Rowley ram we that umbrella tax and then pretend to be Ma Kamla the savior vote meh 2020.
But she have something else coming if she think she winning any 2020 election.

How was she supposed to "fix it"? Didn't the last Government not implement it as the present one is allegedly seeking to? Do you really feel a Government can ban or outlaw a tax from being implemented by a successive Government?

[cherrypopper]

Will my property tax be used to maintain my community? .. If so then no problem.

[drchaos]

Will my property tax be used to maintain my community? .. If so then no problem.

nah dat money is govahment money so don't expect it to be used on you.

[cherrypopper]

That's the problem there. .property tax is for the property.

If I am paying high property taxes ... firetruck the asphalt road and put pavers...

[ADONI]

That's the problem there. .property tax is for the property.

If I am paying high property taxes ... firetruck the asphalt road and put pavers...

I agree, something people fail to understand.

Tax this, tax that, but if yuh want to taxing the living daylights, then services and conditions should be up to mark and not remain the shitty way it is now.

[Duane 3NE 2NR]

Will my property tax be used to maintain my community? .. If so then no problem.

There's a downside to that where high priced property areas will end up with lots more community maintenance than rural areas where property prices are low thereby perpetuating the social gap.

[shake d livin wake d dead]

I asking again...squatters paying any ah this property tax????

[Daran]

I asking again...squatters paying any ah this property tax????

And do squatters own any property?

[Slartibartfast]

I asking again...squatters paying any ah this property tax????

And do squatters own any property?

Depends on who's askin...

[niso]

HDC owners paying property taxes ?

[shake d livin wake d dead]

It have real squatters paying light and water bill(although utilities does not give ownership rights)...so I just curious as to how them people would b treated

[De Dragon]

HDC owners paying property taxes ?

No, their properties are only transferred to them when the mortgage is paid off. Until then HDC legally owns the property.

[car]

I thought HDC was a free house. You still have to pay a mortgage on it?

[SR]

Who is doing the property value assessments??

[Duane 3NE 2NR]

HDC owners paying property taxes ?

No, their properties are only transferred to them when the mortgage is paid off. Until then HDC legally owns the property.

so what about the tens of thousands of houses being mortgaged by the banks?

[Duane 3NE 2NR]

This was published in the Deloitte Budget Presentation document

I am not sure what is the return that homeowners have to submit.

[SR]

And this is where the racket or victimisation will start