Government of the Republic of Trinidad and Tobago

Category: Valuation Division

MEDIA RELEASE: NOTICES OF VALUATION ARE NOT NOTICES OF PROPERTY TAX, PROPERTY TAX IS ONLY 3% OF THE ANNUAL RENTAL VALUE

The Minister of Finance, Hon. Colm Imbert, MP, has taken note of a misunderstanding regarding the meaning and effect of the Notices of Valuation which are being posted out to residential property owners.Although these Notices of Valuation do not refer to Property Tax and are not issued by the Board of Inland Revenue, it is…

Media Release – Final Extension of Deadline for the Submission of Returns

This Public Notice is issued pursuant to Section 29 of the Valuation of Land Act Chap. 58:03 of the Laws of the Republic of Trinidad and Tobago. The Commissioner of Valuations wishes to advise every person in possession of residential land, commercial land, agricultural land or a combination of any of the above (mixed use)…

Media Release – Court of Appeal Ruling Pertinent only to 2017 Valuation Exercise

The Court of Appeal today handed down its decision on an appeal filed by Devant Maharaj in 2017 in which he was challenging a data collection exercise commenced by the Commissioner of Valuations in 2017. The Court of Appeal’s decision made it clear that nothing in their decision was intended to apply to or affect…