Moderator: 3ne2nr Mods
88sins wrote:shake d livin wake d dead wrote:Question: how does property tax apply to pensioners? Pay like everybody else?[/quote]
Correct.
And if for some reason you can't pay (& you have to prove that you can't afford to pay it btw), you can request a deferral.
So, you not paying it, but it piling up, and your children or whoever takes ownership of the property after you will be left with the burden of all the years of unpaid tax.
And if they can't pay it, the property may be seized and sold by the state (to their friends and financiers) for them to get their tax.
It's good for them88sins wrote:Is level shaft people gonna get with this tax, particularly the elderly that have worked all their lives and built their homes and now in their old age living on a limited fixed income.
And a lot of people don't study this, but it has a lot of people these days in their 50's and upwards that have property but no progeny. So, they don't even have a kid to help them pay it for now and inherit the property afterwards.
So when they retire, sime of them might really have to rent out their homes to be able to afford this bs tax.
zoom rader wrote:You pay Stamp duty up front and now they want to tax you again and if you have AC , washing machine etc.
Trinidad sit down and take bull , all yuh like it so.
Go back and vote red government, one set ah dumb arses
1% already have dat under wraps .gastly369 wrote:Looking to buy house and land sea lots or Beetham preferably thanks....
VexXx Dogg wrote:At least the online process to submit the form easy. No need to fill out the paper - it's easier when done thru website.
https://valuationdivision.gov.tt/
shake d livin wake d dead wrote:VexXx Dogg wrote:At least the online process to submit the form easy. No need to fill out the paper - it's easier when done thru website.
https://valuationdivision.gov.tt/
Everything will be easy when the govt has to collect $ for doing not one thing besides crushing your nutz!
shake d livin wake d dead wrote:VexXx Dogg wrote:At least the online process to submit the form easy. No need to fill out the paper - it's easier when done thru website.
https://valuationdivision.gov.tt/
Everything will be easy when the govt has to collect $!
VexXx Dogg wrote:shake d livin wake d dead wrote:VexXx Dogg wrote:At least the online process to submit the form easy. No need to fill out the paper - it's easier when done thru website.
https://valuationdivision.gov.tt/
Everything will be easy when the govt has to collect $!
Yea, but beats having to line up in the sun like the last time when people panic.
now with a deadline and a possible 5k fine, better take front.
shake d livin wake d dead wrote:VexXx Dogg wrote:shake d livin wake d dead wrote:VexXx Dogg wrote:At least the online process to submit the form easy. No need to fill out the paper - it's easier when done thru website.
https://valuationdivision.gov.tt/
Everything will be easy when the govt has to collect $!
Yea, but beats having to line up in the sun like the last time when people panic.
now with a deadline and a possible 5k fine, better take front.
Documents for all our properties inside since 2018. They made there visits, measure everything with its own roof(makes no sense to me)....so we waiting to pay the tax and get value for $
88sins wrote:shake d livin wake d dead wrote:VexXx Dogg wrote:shake d livin wake d dead wrote:VexXx Dogg wrote:At least the online process to submit the form easy. No need to fill out the paper - it's easier when done thru website.
https://valuationdivision.gov.tt/
Everything will be easy when the govt has to collect $!
Yea, but beats having to line up in the sun like the last time when people panic.
now with a deadline and a possible 5k fine, better take front.
Documents for all our properties inside since 2018. They made there visits, measure everything with its own roof(makes no sense to me)....so we waiting to pay the tax and get value for $
You know that you go be waiting till 2278 right?
You still not going to get any service.shake d livin wake d dead wrote:VexXx Dogg wrote:At least the online process to submit the form easy. No need to fill out the paper - it's easier when done thru website.
https://valuationdivision.gov.tt/
Everything will be easy when the govt has to collect $!
one eye wrote:As I have said many times before. Consumerism will be the demise of Trinis.
How will this economy flow if there is no circulating money from taxes?
Will the government print more money and further inflate?
This property tax should have been implemented a long time ago.
Leave eliteauto-tuntun alone88sins wrote:one eye wrote:As I have said many times before. Consumerism will be the demise of Trinis.
How will this economy flow if there is no circulating money from taxes?
Will the government print more money and further inflate?
This property tax should have been implemented a long time ago.
You have selected the ideal moniker, oneye. Because like you really half-blind.
After 20+ years of pnm/unc yappage and gum flappage about "constitutional reform", neither pnm nor unc have moved even 1mm in the direction of said reform that would allow the respective regional corps to collect said property tax and utilize said funds in the districts from which they were collected. You feel that is an unintentional and coincidental occurrence of happenstance? If they did that, i give you odds of 1000:1, not one soul would have a problem with property tax, because you the taxpayer would see your tax dollars at work for your benefit. Ok, that is too much to expect? Ok. Do away with stamp duty. But nah, daz more free money for doing nothing, daz not no option. So is level shaft across the board.
The problem most people have, is with paying a tax based on the perception of wealth, for which you not sure to see the benefits.
But as it stands, what these ticks and fleas and tapeworms want with this current version of the property tax, is everyone but them and theirs pays, ans them and their financiers and their people see the gains, and the general population foots the bill.
What you post there have you looking like a real pnm anus-eating stooge jed.
one eye wrote:As I have said many times before. Consumerism will be the demise of Trinis.
How will this economy flow if there is no circulating money from taxes?
Will the government print more money and further inflate?
This property tax should have been implemented a long time ago.
Username De Dragon you and I are not friends don't call me in your orgy. You frothing now that you renovate to outrank the neighbour like the cretin you are.
One eye=eliteauto-tuntunGladiator wrote:one eye wrote:As I have said many times before. Consumerism will be the demise of Trinis.
How will this economy flow if there is no circulating money from taxes?
Will the government print more money and further inflate?
This property tax should have been implemented a long time ago.
Username De Dragon you and I are not friends don't call me in your orgy. You frothing now that you renovate to outrank the neighbour like the cretin you are.
Allyuh PNM zombies real special yes....
one eye wrote:As I have said many times before. Consumerism will be the demise of Trinis.
How will this economy flow if there is no circulating money from taxes?
Will the government print more money and further inflate?
This property tax should have been implemented a long time ago.
Username De Dragon you and I are not friends don't call me in your orgy. You frothing now that you renovate to outrank the neighbour like the cretin you are.
88sins wrote:one eye wrote:As I have said many times before. Consumerism will be the demise of Trinis.
How will this economy flow if there is no circulating money from taxes?
Will the government print more money and further inflate?
This property tax should have been implemented a long time ago.
You have selected the ideal moniker, oneye. Because like you really half-blind.
After 20+ years of pnm/unc yappage and gum flappage about "constitutional reform", neither pnm nor unc have moved even 1mm in the direction of said reform that would allow the respective regional corps to collect said property tax and utilize said funds in the districts from which they were collected. You feel that is an unintentional and coincidental occurrence of happenstance? If they did that, i give you odds of 1000:1, not one soul would have a problem with property tax, because you the taxpayer would see your tax dollars at work for your benefit. Ok, that is too much to expect? Ok. Do away with stamp duty. But nah, daz more free money for doing nothing, daz not no option. So is level shaft across the board.
The problem most people have, is with paying a tax based on the perception of wealth, for which you not sure to see the benefits.
But as it stands, what these ticks and fleas and tapeworms want with this current version of the property tax, is everyone but them and theirs pays, ans them and their financiers and their people see the gains, and the general population foots the bill.
What you post there have you looking like a real pnm anus-eating stooge jed.
Minister of Finance responds to allegations regarding a private apartment building project
The following is a rebuttal of the false allegations made by the Parliamentary Opposition and its associates and agents from September 6th – 20th, 2019 with regard to the involvement of the Minister of Finance in a private apartment building project in Port of Spain.
Allegation: The Minister should have recused himself from the debate on the Finance No. 2 Bill in 2016, since he stood to benefit from incentives designed to stimulate the construction sector.
Fact: This allegation is baseless.
The Finance No. 2 Bill of 2016 was a Money Bill. Such Bills can and do potentially benefit every single Member of Parliament.
Some examples are Bills with measures providing for tax amnesties, improvement in Parliamentarians’ pension benefits and/or salaries and allowances, reduction in VAT and increase in the personal allowance.
If Parliamentarians were required to recuse themselves from debates on beneficial financial measures, then all Parliamentarians would have to vacate the Parliament during debates on such matters and the Bills in question could not be passed.
The Leader of the Opposition herself and other Members of the Opposition have participated fully in and voted for numerous Bills that have benefitted them financially, without having declared an interest. In contrast, in the debate in the Finance No. 2 Bill of 2016, the Minister of Finance took the unprecedented step of declaring a potential future interest in the incentives to stimulate the construction sector.
Most importantly, there is no evidence that the Minister of Finance will or can benefit from the 2016 tax exemptions for a multi-family dwelling. On the other hand, there are pre-existing tax incentives for the construction of apartment buildings, such as the Picton Street project, going as far back as 1966.
Allegation: The planning laws and rules do not permit buildings of more than 2 storeys in height in the area in Port of Spain where the project is located and the Minister of Finance used his position to obtain a variation or waiver of these laws and rules to benefit himself as well as to accelerate and unduly influence the approvals process.
Fact: This allegation is false.
Several high-rise buildings already exist in the Newtown area as part of a long established Development Plan for the area, such as the TATIL building at 14 stories and the Guardian General and Sagicor Buildings at 7 stories. This particular parcel of land has had planning approval for a high-rise building of at least 6 storeys in height since 2005, 14 years ago. Further, Final Town and Country Planning Approval (Grant of Permission to Develop Land) for an 8-storey multi-family residential building at 61-65 Picton Street was granted under the previous UNC Government in February 2014 (see attached approval). Further, it took 4 years for the current owner of the land to obtain planning and building approvals, from 2012 to 2016, which by no stretch of the imagination can be considered to be “accelerated”.
Allegation: The Building Permit for the Project was only obtained in February 2019, while construction work started before that, in breach of the applicable laws.
Fact: This allegation is false.
The building permit was obtained in 2016 (see attached 2016 permit). Construction commenced in March 2019, after the original 2016 building permit was re-issued.
Allegation: The company that owns the land at 61-65 Picton Street was acquired by the Minister of Finance in 2012 for $1.75 million after being purchased by its previous owners in 2005 for $3 million. This allegation implies that the Minister of Finance got a sweetheart deal for the land in return for some undisclosed favour.
Fact: This allegation is false.
The company that owns the land at Picton Street was purchased by the Member of Parliament for Diego Martin North/East in 2012, who was not a Government Minister of Finance at the time, but rather a Member of the then Opposition, and was thus in no position to grant anyone any favours at that time. In addition, the price paid for the
company in 2012 was the prevailing fair market value in 2012, and in any event, exceeded the alleged 2005 price of $3 million.
Allegation: The Minister of Finance knew that he had a pending application for a multifamily dwelling to get exemption from income tax, when he piloted the Finance No. 2 Bill in July 2016.
Fact: This allegation is false.
In July 2016, the Minister of Finance had no application before any Government Agency, Ministry or Department of any kind whatsoever when he piloted the Finance No. 2 Bill, since all required approvals were obtained before that date. Further, to date, the Minister has not applied for any exemption from income tax whatsoever for the project.
Finally, the Minister of Finance has consulted his lawyers and has been advised that the false statements made in public about his involvement in the Picton Street project and his actions with respect to the Finance Bill No. 2 Bill of 2016, which have been published in the print and electronic media, uttered on political platforms, circulated on the Internet and published on social media, are extremely defamatory and damaging to his reputation. As a result, he will be taking legal action against all concerned.
http://www.news.gov.tt/content/minister ... UnkOrhKjDc