Land owners can challenge property tax valuation – TAJ
Tax Administration Jamaica (TAJ) says avenues are available for land owners to challenge their new property tax valuations.
There has been public outcry from some land owners who say their property taxes have jumped to as high as 1,000 per cent with the introduction of the government’s new property tax regime, which takes effect on Saturday, April 1.
Chief Corporate Communications Officer at the TAJ, Meris Haughton, says property owners may serve a Notice of Objection to the Commissioner of Land Valuation in respect of their valuation.
Haughton says persons such as pensioner and the disabled may also apply for a special discretionary relief based on hardship to the Ministry of Finance.
Additionally, farmers who live and farm on their own lands can also apply for a relief.
So too can persons whose property value have been driven up by development activities surrounding their lands.
The TAJ is reminding persons that property tax payments may be made in half-yearly instalments on April 1 and October 1 or in quarterly instalments April 1, July 1, October 1, and January 1.
It says payments in full, or any instalment should be made by the end of the calendar month in which the amount is due.
Property owners are advised that they may also consider making the payments on a monthly basis.
The TAJ notes that periodic payments do not apply to the flat rate charge of $1,000, which should be paid in full by April 30.