News Archive

Search News Archive: From Date:   To Date:

Garth Rattray | Unreal Estate Taxes

April 10, 2017
  The taxes levied against motorists suggest that the Government believes that transportation is an unnecessary, overindulgent, bourgeois luxury. It taxes transportation with the ferocity that it taxes alcohol and tobacco. Taxes on everything to do with automobiles appear to be categorised as sin tax. But the most egregious tax adjustment has to do with...
Read More

Major Clash Over Property Taxes Expected In Gordon House Today

April 4, 2017
  Published:Tuesday | April 4, 2017 | 4:00 AMJovan Johnson Government and opposition lawmakers are set to clash at Gordon House today when the controversial revised property tax system comes up for scheduled debate. The Cabinet had its usual Monday meeting yesterday, and up to press time, there was no conclusion on the review that Information Minister...
Read More

Property tax anger

March 31, 2017
  SHAW… I am encouraged   The Jamaica Manufacturers’ Association (JMA) yesterday chided the Government over its new property tax regime and submitted five recommendations which it believes will soothe growing anger over the measure. According to the JMA, a survey of its membership found that the revised rates will impact property owners with...
Read More

Tax Tightrope - Owners May Be Forced To Sell Some Properties In Balancing Act To Manage Obligations,

March 30, 2017
  While some real estate owners will be marginally affected by the amendments to property tax rates and Government's revaluation of land, others may be forced to sell their holdings in order to manage their tax obligation, given the massive increases they are now facing, says Realtors Association of Jamaica President Edwin Wint. "An increase in property...
Read More

King's House Foundation Continues To Lobby For Real Estate Project

November 9, 2016
  King's House, the governor general's residence, sits on a 100-acre property in Kingston. The King's House Foundation wants to develop residential homes on 10 acres as a source of income. King's House Foundation is hoping the development of town houses on 10 acres of crown lands will come to fruition under the Holness administration. The matter...
Read More