Property Tax in Trinidad & Tobago

[ADONI]

Better to do a TD1 and have the correct tax at the beginning of the year?

[hover11]

Better to do a TD1 and have the correct tax at the beginning of the year?

I like to apply for a refund and claim back I always treat myself to something every year

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[Cantmis]

https://youtu.be/ZvEF8-Mvtpw?si=HoCmO5-poS8SiLc0

[88sins]

Cooperations have not received a black cent from property tax as yet

What a huge ripoff

You seem disappointed.
Did you think something different would have been the outcome?

[paid_influencer]

Cooperations have not received a black cent from property tax as yet

What a huge ripoff

You seem disappointed.
Did you think something different would have been the outcome?

my MP bring the legislation. he say the money is for corporations and we going to get all kinda services just now after election

[88sins]

my MP bring the legislation. he say the money is for corporations and we going to get all kinda services just now after election

Well a politician said it, so it must be true, considering how honest and trustworthy their ilk have proven to be over the centuries.

[death365]

will it be further extended???

last ah kno it was up to 31st March.

[Dave]

Wait and see.....
I have no insider word on it

[88sins]

will it be further extended???

last ah kno it was up to 31st March.

Most likely
They eh go make that an issue during election season and potentially annoy their voter base into choosing the alternative

[timelapse]

Meanwhile our new Prime Minister has Property Tax exemptions left right and center and men like Dogg will jump out with talk about how he already had money before that. If he so successful, why is he not paying property taxes like everybody else?Slave minds will always defend massa yes

[generic]

will it be further extended???

last ah kno it was up to 31st March.

Most likely
They eh go make that an issue during election season and potentially annoy their voter base into choosing the alternative

given that Parliament has been dissolved, it's unlikely there'd be another extension

[death365]

always though was minister of finance to do it ...not Parliament

[generic]

I suppose that's true, the Minister of Finance can do it without bringing it to Parliament. Although I believe the last extension was only up to December and the currently it's because of the Tax Amnesty that there is a perceived additional extension.

[j.o.e]

Meanwhile our new Prime Minister has Property Tax exemptions left right and center and men like Dogg will jump out with talk about how he already had money before that. If he so successful, why is he not paying property taxes like everybody else?Slave minds will always defend massa yes

Can you explain how the property tax exemptions work ? The exemptions are under what grounds ?

[timelapse]

Meanwhile our new Prime Minister has Property Tax exemptions left right and center and men like Dogg will jump out with talk about how he already had money before that. If he so successful, why is he not paying property taxes like everybody else?Slave minds will always defend massa yes

Can you explain how the property tax exemptions work ? The exemptions are under what grounds ?

The criteria were listed before.Churches,schools etc.Those are the legit ones.
The troublesome exemptions are the ones where the Minister of Finance has the discretion to exempt whichever property he pleases. Even more trouble some is that some of the properties exempted belonged to the Minister at the time and the relative of another minister among other places.
But you knew this...

[j.o.e]

Meanwhile our new Prime Minister has Property Tax exemptions left right and center and men like Dogg will jump out with talk about how he already had money before that. If he so successful, why is he not paying property taxes like everybody else?Slave minds will always defend massa yes

Can you explain how the property tax exemptions work ? The exemptions are under what grounds ?

The criteria were listed before.Churches,schools etc.Those are the legit ones.
The troublesome exemptions are the ones where the Minister of Finance has the discretion to exempt whichever property he pleases. Even more trouble some is that some of the properties exempted belonged to the Minister at the time and the relative of another minister among other places.
But you knew this...

Didn’t know about the Minister ability to exempt and those he actually exempted. Always willing to learn.
Any link ?
Why would you need to exempt schools and churches when this phase is purely residential anyway ? Or is this for the next phase ?
And were the places he exempted residences ?

[timelapse]

Meanwhile our new Prime Minister has Property Tax exemptions left right and center and men like Dogg will jump out with talk about how he already had money before that. If he so successful, why is he not paying property taxes like everybody else?Slave minds will always defend massa yes

Can you explain how the property tax exemptions work ? The exemptions are under what grounds ?

The criteria were listed before.Churches,schools etc.Those are the legit ones.
The troublesome exemptions are the ones where the Minister of Finance has the discretion to exempt whichever property he pleases. Even more trouble some is that some of the properties exempted belonged to the Minister at the time and the relative of another minister among other places.
But you knew this...

Didn’t know about the Minister ability to exempt and those he actually exempted. Always willing to learn.
Any link ?
Why would you need to exempt schools and churches when this phase is purely residential anyway ? Or is this for the next phase ?
And were the places he exempted residences ?

Article 16
All land in Trinidad and Tobago is liable to taxation under this Act, subject to the following exemptions:

(a) lands used exclusively as churches, chapels and places of public worship of any religious denomination and every cemetery or burial- ground that is enclosed and actually required, used and occupied for the interment of the dead, but not land that is rented or leased by a church or religious organisation to a person other than another church or religious organisation;

b) schools within the meaning of the Education Act;

c) lands attached to, or otherwise actually used in connection with and for the purposes of a place of learning maintained for educational, philanthropic or religious purposes, the whole profits from which are devoted or applied to such purposes;

an incorporated charitable institution;

land of a designated class that is declared by the Minister to be exempt wholly or partially from taxation under this Act;

land belonging to and in occupation of— (i) the State or its servants;

(ii) a Statutory Authority; or

(iii) state enterprise controlled by the State, for public purposes;

all almshouses and institutions for the relief of the poor, whether publicly or privately administered;

land belonging to and occupied by the University of the West Indies or its servants; land belonging to and occupied by the Council of Legal Education;

The places he exempted were stated here and was in the public domain.
land owned or occupied by a foreign government or international organisation of which Trinidad and Tobago is a member;

land belonging to a tertiary learning institution owned or managed by the State;

land belonging to the University of Trinidad and Tobago;

land belonging to the College of Science, Technology and Applied Arts, (COSTAATT); and lands belonging to the University of the Southern Caribbean.

https://www.finance.gov.tt/wp-content/uploads/2019/07/The-Property-Tax-Act.pdf

[generic]

What information is there available to the public on properties actually receiving exemptions?

[j.o.e]

So where the talk about Young having exemptions come in ?

[bluefete]

What information is there available to the public on properties actually receiving exemptions?

FOIA.

[VexXx Dogg]

Meanwhile our new Prime Minister has Property Tax exemptions left right and center and men like Dogg will jump out with talk about how he already had money before that. If he so successful, why is he not paying property taxes like everybody else?Slave minds will always defend massa yes

Can you explain how the property tax exemptions work ? The exemptions are under what grounds ?

The criteria were listed before.Churches,schools etc.Those are the legit ones.
The troublesome exemptions are the ones where the Minister of Finance has the discretion to exempt whichever property he pleases. Even more trouble some is that some of the properties exempted belonged to the Minister at the time and the relative of another minister among other places.
But you knew this...

Serious? Any confirmed data or this just rumshop speculation.

I genuinely want to know

[timelapse]

Am I to assume that the same people who don't have to may import duties and MVT on their new vehicles will also be exempt from this tax as well?

Ask around, theres a certain redidential Tower in the middle of woodbrook that got approval , BUT for some loop hole in the law regarding the time line that it was finished at , the owner is supposedly not mandated to pay the taxes on it.... even though its a tall building its owner cant see over the steerring wheel of a mustang without a booster seat.

There was this earlier in the thread

[Dave]

Guess that's why the building is plagued with countless issues now.

[Supra GT-FOUR]

Am I to assume that the same people who don't have to may import duties and MVT on their new vehicles will also be exempt from this tax as well?

Ask around, theres a certain redidential Tower in the middle of woodbrook that got approval , BUT for some loop hole in the law regarding the time line that it was finished at , the owner is supposedly not mandated to pay the taxes on it.... even though its a tall building its owner cant see over the steerring wheel of a mustang without a booster seat.

There was this earlier in the thread

Awaits the IMPending ernie & BERT memes...

[sMASH]

I saw unc promising to cancel property tax.
I wonder of all the pro property tax people would come out and protest IN SUPPORT of property tax?

[screwbash]

I pay property tax in 2024 an garbage collection went from 7days to 6 days. The corporation uses to pass an cut d grass on the side of the road an clean the slipper drains, all that stop. Water gone from.every day to 4 days a week. I neva bathe from.a bucket till i paid property tax an things get bad. So where the property tax money gone?

[sMASH]

I pay property tax in 2024 an garbage collection went from 7days to 6 days. The corporation uses to pass an cut d grass on the side of the road an clean the slipper drains, all that stop. Water gone from.every day to 4 days a week. I neva bathe from.a bucket till i paid property tax an things get bad. So where the property tax money gone?

The money was to go to the individual constituency , but it cuntunued to to consolidated fund. I think they needed local givt reform to make thst switch .


No reason why the property tax smnt can't be allocated within the consolidated fund towards the maintenance .



I suspect the collected taxes went towards pnm music trucks

[zoom rader]

I saw unc promising to cancel property tax.
I wonder of all the pro property tax people would come out and protest IN SUPPORT of property tax?

And they should

Its a scam

[death365]

Am I a scoff law now?

I did not pay my tax and it's pass 31-03

[hover11]

I didn't even fill out the forms yet I never got them lol

Am I a scoff law now?

I did not pay my tax and it's pass 31-03

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