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Please use the following links to access the Valuation Return Form and Instructions
Valuation Return Form – Valuation Division. Government of the Republic of Trinidad and Tobago. Valuation Division. Fill in a Return. File Objection.
Property Tax - Notice of Assessment FAQS. Q: How much property tax am I required to pay, based on the Annual Rental Value (ARV) stated on the Notice of Valuation? E.g: Your ARV, as stated on Notice of Valuation, is $24,000.00 (based on rental of $2000.00 per month.) Q: What will I need to make the payment? The Notice of Assessment.
We are pleased to advise that effective today, Tuesday 12th November, 2024, Republic Bank customers can pay their Property Tax via the Republic Online and Republic Mobile digital banking platforms.
DEFINITIONS: residential land in Trinidad and Tobago as defined by the Valuation of Land Act, that is: (a) vacant or unoccupied lands with or without a building which is intended to be used or is capable of being used by reason of its location for residential purposes;
Property Tax. Notice of Assessment FAQS; Objecting to an Assessment; Request for Property Tax Deferral
The Notice of Assessment outlines the Property Tax payable based on the Annual Rental Value (ARV) of your property. The Property Tax is calculated as follows: ARV x 90% (0.9) x 3% (0.03)
To provide Government and its Agencies with Valuation and Land Economy advice and technical expertise of the highest professional standard to enable fair, consistent and competent decision making in respect of property transactions, property taxation and land management.
Residential Homeowners Pay 3% Property Tax. The property tax you will be required to pay on your residential property is 3% of its Annual Rental Value. All properties in Trinidad and Tobago have a rental value.
Under the Valuation of Land Act, Chapter 58:03, ALL property owners are required to complete a Valuation Return Form (VRF) and submit same to the Valuation Division for the calculation of the property's Annual Rental Value. Valuation Return Forms are Now Available.