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From: Denc 🗡
I looked it up and it’s apparently more complex Seems to me most pay $500 whatever Onerous land tax innit for belongers Land tax The rate for the annual land tax is determined by the owner's residency status and the size of the land. Non-belonger: Less than or equal to 0.5 acres: US$50. 0.5 to 1 acre: US$150. Each additional acre: An extra US$50. Belonger: Less than or equal to 1 acre: US$10. Each additional acre: An extra US$3. House tax House tax is a flat rate applied to the annual rental value of a property and applies equally to belongers and non-belongers. Annual rate: 1.5% of the annual rentable value. Assessment: The Inland Revenue Department assesses the value, which is based on the property's potential annual rental income.

Current Thread	Author	Time
You heard it here first…....[more]	Denc 🗡	22:24:52
>> Britain's biggest export is set to become......[more]	JonH🍕	08:37:17
>> He's the turd that will not flush...[more]	LP12	23:30:41
>> Actually a more stretched property tax to replace council tax and stamp duty is ... [more]	Denc 🗡	00:42:19
>> Is that what they do in the BVIs? And if not, should they?	Occhio Pazzo 🇬🇧	13:21:05
>> No we have a set tax of $500 a year that appears to be unrelated to the size ... [more]	Denc 🗡	13:29:25
>> I looked it up and it’s apparently more complex...[more]	Denc 🗡	13:38:13
>> Why? What extra LOCAL services does the larger house consume?	Hamsterwheel	09:05:59
>> None , but what extra services does a bloke earning £1 million a year use?	Denc 🗡	13:31:37
>> You have turned commie.	Hamsterwheel	09:06:29
>> I agree ... but thin end of the wedge, 2,500 for 500k (about what most pay ... [more]	LP12	06:30:21
>> house inflation, but doubt it. I think capped because 'high enough'	LP12	06:56:40

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