Property Tax in Trinidad & Tobago

[shake d livin wake d dead]

What happens after records prove corruption in T&T?

What happens when the TTPS knows all who are the gang members and where to find them?

What happens when we “call upon” people in T&T?

Nothing

[MaxPower]

What happens after records prove corruption in T&T?

What happens when the TTPS knows all who are the gang members and where to find them?

What happens when we “call upon” people in T&T?

Max,

We as a people cannot demand accountability from organizations when politicians doing as they please, if it doesnt start from the head then what we leaving for the rest of the body

Jason,

I agree.

But you have an answer for the question?

Looks shakes now hit it smack on.

[The_Honourable]

Exactly, they are fully aware that the money went into the consolidated fund. They also know that reforms were required to have it go directly to the regional corporations. This is simply making political mischief.

If that is true because imbert is always so truthful and it's still there, then the records will prove it...correct? I just asking a stupid question

So the monies are not at the respective corporations?

[hover11]

Exactly, they are fully aware that the money went into the consolidated fund. They also know that reforms were required to have it go directly to the regional corporations. This is simply making political mischief.

If that is true because imbert is always so truthful and it's still there, then the records will prove it...correct? I just asking a stupid question

So the monies are not at the respective corporations?

Honorable I glad imbert is around because he has alot to answer for

[MaxPower]

Exactly, they are fully aware that the money went into the consolidated fund. They also know that reforms were required to have it go directly to the regional corporations. This is simply making political mischief.

If that is true because imbert is always so truthful and it's still there, then the records will prove it...correct? I just asking a stupid question

So the monies are not at the respective corporations?

Honorable I glad imbert is around because he has alot to answer for

All politicians have alot to answer for….ALL.

In the end, the tax payers always lose.

[generic]

Exactly, they are fully aware that the money went into the consolidated fund. They also know that reforms were required to have it go directly to the regional corporations. This is simply making political mischief.

If that is true because imbert is always so truthful and it's still there, then the records will prove it...correct? I just asking a stupid question

Yes, there should be records that the PM or the current minister of finance can easily access. The BIR collects the money and the treasury takes charge of it thereafter. If they can't find records for the funds then this country has a serious issue.

[hover11]

Exactly, they are fully aware that the money went into the consolidated fund. They also know that reforms were required to have it go directly to the regional corporations. This is simply making political mischief.

If that is true because imbert is always so truthful and it's still there, then the records will prove it...correct? I just asking a stupid question

Yes, there should be records that the PM or the current minister of finance can easily access. The BIR collects the money and the treasury takes charge of it thereafter. If they can't find records for the funds then this country has a serious issue.

We had a serious issue the moment the auditor general blew the whistle and attempts were made to muzzle her. Wait for the report to be laid in parliament we in for a hell of a ride

[MaxPower]

Wait for the report

Yeah man

[The_Honourable]

So wait... colm implement property tax but the corporations "wasn't ready" to collect and therefore couldn't use it? Central government collected it instead so he as then finance minister could do what he wants with it?


Imbert says concerns over $135.6M property tax funds ‘senseless’

Former finance minister Colm Imbert yesterday addressed concerns over the whereabouts of $135.6 million in property taxes collected by the State, dismissing the questions surrounding the funds as senseless.

Imbert was responding to Prime Minister Kamla Persad-Bissessar, who demanded that the previous administration account for payments made by more than 132,000 homeowners between February 2024 and May 2025.

However, Imbert explained that the system was designed so that these funds would be deposited directly into the Consolidated Fund—where the State collects all revenues and other monies raised or received by the Government—until such time as local government corporations could collect the tax themselves.

“That question didn’t make any sense. The money went into the Consolidated Fund. That’s public knowledge. It was not collected by the local government corporations. The way the system was designed, the money would go into the Consolidated Fund and if you look at the budget estimates you will see that.”

“And when the corporations were ready to come collect the tax in terms of having all of the infrastructure necessary, which is quite comprehensive—you need a vault, you need a cashier’s cage, you need security for cash in transit, you need internal audit, it’s quite complex—when they were ready then the law was amended to allow the Minister of Finance to authorise the corporation to collect property tax. So, no corporation, including all seven UNC corporations, ever collected property tax. It was all collected by the treasury and went into the Consolidated Fund.”

He added that there is an allocation for property tax within the local government corporations’ portfolio.

At Thursday’s post-Cabinet media conference, Persad-Bissessar alleged that “the last government has spent out the money they collected” from property tax.

She further demanded accountability from former local government minister Faris Al-Rawi and the wider government.

https://www.guardian.co.tt/news/imbert- ... 426659743b

[hover11]

Imbert will be the reason taxpayers money will have to jump out in the not too distant future mark my words....

[88sins]

I really don't want to sound like a terrorist eh.
But imho, in all honesty and seriousness, I truly do believe...

The best thing for this country would be to have the entirety of the PNM, their immediate and extended families, as well as their financiers and business partners and each and every single one of the blithering idiots who support and embrace that pack of parasites, drowned in a latrine and buried 6" underground in farm lands.
Since they all sofullahshit, they might as well be covered in it and put to good use as fertilizer at the very least

[generic]

So wait... colm implement property tax but the corporations "wasn't ready" to collect and therefore couldn't use it? Central government collected it instead so he as then finance minister could do what he wants with it?

Again, this isn't news. This was known since last year.

[The_Honourable]

So wait... colm implement property tax but the corporations "wasn't ready" to collect and therefore couldn't use it? Central government collected it instead so he as then finance minister could do what he wants with it?

Again, this isn't news. This was known since last year.

Didn't know the reasons why corporations wasn't collecting, he had 9 years to get them ready.

[greggle71]

Yikes what a time to be alive yes

Tax on what you earn - PAYE
Tax on what you own - Property TAX
Tax on what you purchase - VAT, Duty, etc.

Adulting is ghetto

People’s attitude would be better if we got better value for all these taxes combined.

There is too much wastage in the system but if we are being honest too many businesses escape the tax net especially sole traders, lawyers and health care providers, all them cash only businesses. What resources, teeth and investigate powers does the BIR actually have to audit books and ensure they paying their fair share of their taxes.

The govt can repeal the revenue authority if they want but it ought not to just revert to the status quo, we need to tighten up tax revenue collection, John public is not the problem on this one.

[hover11]

Yikes what a time to be alive yes

Tax on what you earn - PAYE
Tax on what you own - Property TAX
Tax on what you purchase - VAT, Duty, etc.

Adulting is ghetto

People’s attitude would be better if we got better value for all these taxes combined.

There is too much wastage in the system but if we are being honest too many businesses escape the tax net especially sole traders, lawyers and health care providers, all them cash only businesses. What resources, teeth and investigate powers does the BIR actually have to audit books and ensure they paying their fair share of their taxes.

The govt can repeal the revenue authority if they want but it ought not to just revert to the status quo, we need to tighten up tax revenue collection, John public is not the problem on this one.

How do you propose the government tax the doubles man and maxi men? This is exactly the problem why self employed ppl will never pay NIS or taxes how can one measure these ppl income? It doesn't even have an approximation you can work with for every industry.

[greggle71]

Yikes what a time to be alive yes

Tax on what you earn - PAYE
Tax on what you own - Property TAX
Tax on what you purchase - VAT, Duty, etc.

Adulting is ghetto

People’s attitude would be better if we got better value for all these taxes combined.

There is too much wastage in the system but if we are being honest too many businesses escape the tax net especially sole traders, lawyers and health care providers, all them cash only businesses. What resources, teeth and investigate powers does the BIR actually have to audit books and ensure they paying their fair share of their taxes.

The govt can repeal the revenue authority if they want but it ought not to just revert to the status quo, we need to tighten up tax revenue collection, John public is not the problem on this one.

How do you propose the government tax the doubles man and maxi men? This is exactly the problem why self employed ppl will never pay NIS or taxes how can one measure these ppl income? It doesn't even have an approximation you can work with for every industry.

I don’t have the answer but a sole trader can earn over half a million annually (40k per month) depending on the type of business they are running and not pay a cent in tax. A person with a similar income as an employee will pay over 100k annually in PAYE and that is simply unfair.

You’re right as its almost impossible to track every sole trader and if I am the sole trader I’m purposely trying to avoid paying any tax if I can help it but as a country, to me it’s irresponsible to give essentially a free pass, not with the level of inequity of taxation at the same income level unless you’re in some strategic industry like agriculture that may be exempt.

To be frank you have to bring the hammer on everybody down but marry it with favorable claim conditions on operating equipment and expenses so essentially the tax is levied on operating profit only, well as much as possible.

Enforcement is a tall order but to sit and do nothing is not good enough for me.

[88sins]

Son, it ehmas easy as that.
You can offer whatever incentives you like, but the fact of the matter is, the working public that not paying taxes on income will never want to start paying, particularly because they know that they will not see any benefits from doing so, and especially because they see politicians giving themselves loopholes to avoid taxation.

[PariaMan]

No need to reinvent the wheel just look at how other countries do it and come up with a best practice

[sMASH]

Other countries do it wrongly .
Should not be triple taxed , recurrent on ur single purchase materials .

No to buildubg tax, only land

[PariaMan]

I referring to taxing sole traders and other small businesses.

Uncle sam does not miss these guys

We need to do the same

[VexXx Dogg]

I referring to taxing sole traders and other small businesses.

Uncle sam does not miss these guys

We need to do the same

Yup.
The shadow economy is healthy and productive - but at the cost of the real economy since taxpayers prop them up.