While speaking in Parliament yesterday, Finance Minister Audley Shaw announced a whopping hike in Jamaica’s property tax rates effective tomorrow, April 1. The increase will see the flat rate (applicable to property with unimproved value up to $300,000) move from $600 to $1,000. Rates in respect of property with unimproved values exceeding $300,000 will attract [...]
Continue reading...Wednesday, June 24, 2009
Property owners are being reminded that they have until June 30 to pay their property tax for the 2009 – 2010 period. After that, a 10% penalty will be applied for late payment. Remember also that you have the option to make property tax payments in half-yearly installments (April 1 and October 1) or quarterly [...]
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Wednesday, March 31, 2010
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