Property Tax: Determining the “Right” Amount Accountants Should Pay

As an accountant, it is probably your remit to ensure that you are not paying excessive property tax. Are you then paying the “right” amount of Property Tax? How would you know if the Property Tax is excessive? If it is excessive, what is your recourse?

Are you taking advantage of the reliefs provided for in the Property Tax Act? 

To have an appreciation of Property Tax, you will need to understand the principles underlying Property Tax and how it is determined, which is what this seminar intends to deliver. This will be useful for accountants in their work.

• Principles of Property Tax
• The Charging Provision in the Property Tax Act which in turn determines the types of properties which are subject to tax
• The Methods to determine the “Annual Value”
• Determining if the amount of Property Tax to be paid is excessive or not
• What Accountants should do if Property Tax is excessive
• Taking advantage of the reliefs provided for in the Property Tax Act – What sort of benefits are we entitled to and when to use them?
• Recent Cases and Examples