October 5, 2020

Property Tax Will Officially Be Introduced In 2021, Imbert Announces

By Newsroom

Property tax will officially be introduced in 2021.

This was announced by Finance Minister, Colm Imbert, who is delivering his sixth consecutive fiscal budget in the Parliament at this time.

The new tax will begin with residential properties, with commercial and agricultural properties to follow.

Imbert vowed that the new tax will be “fair and reasonable” without causing a major burden.

 

 

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