Cabinet subcommittee assessing public concerns over property taxes
The Cabinet has set up a subcommittee to assess public concerns about the increases in property taxes.
Yesterday, the Cabinet discussed the matter and Information Minister Ruel Reid says the committee is to return tomorrow with its findings for its consideration.
There has been huge backlash over the increase in property taxes after the Government implemented the 2013 valuation roll.
The new rates took effect on Saturday.
The Government had been using property values from the 2002 exercise to determine property taxes.
Some property owners have complained that they have seen their property taxes jump by as high as one thousand per cent.
Senator Reid is reiterating that there are relief measures in place.
The TAJ has advised that property owners who want to challenge their land valuations can file a notice of objection with the Commissioner of Lands.