About IRD

PROPERTY TAX 

 

Objective of Property Taxes

 

To help with distributing the cost of certain geographically based services such as sanitation and the upkeep of community projects and properties to name a few.

 

 

Property Tax Section Functions

 

  • Register all properties (residential & Commercial)  in St. Lucia
  • Carry out site inspection and valuation on properties island-wide
  • Issue of Notice of property tax assessments, Compliance Certificate, Demand notices.
  • Maintaining the National Tax Roll
  • Dealing with Property Tax Objections and Queries
  • Handling requests for reduction or exemption of property tax assessments
  • Monitor  & Update of taxpayers accounts
  • Dissemination of prperty tax assessments

 

 

Units of the Property Tax Section

 

  • Valuations Unit
  • Customer Service & Assessments Unit
  • Objections & Exemptions Unit
  • Property Tax Collection Unit

 

 

 

Roles of the Valuation Unit

  • Locating and identifying all taxable properties in St Lucia
  • Making an inventory of the quantity, quality and important characteristics of all taxable property.
  • Estimating the value of each taxable property
  • Auditing of all Declaration and/or Commercial Valuations Forms
  • Maintenance of information in respect of rental values, market values and construction costs          

          

 

Roles Of The Property Tax Customer Service Unit

 

  • Handles taxpayer property tax queries (walk-ins, mail, telephone)
  • Receipt of the following Property tax Forms:
    • Exemption Forms
    • Objection Forms
    • Declaration Forms
  • Provide Property Tax Compliance Letter:
    • Obtaining a Compliance letter is a requirement of financial institutions in St. Lucia when persons are seeking to: sale, purchase, donate, obtain a mortgage or transfer property.
    • When obtaining a Compliance letter a recent copy of a Land Register is required and in some instances a Survey Plan of the property.

 

Roles Of The Assessments Unit

 

  • Generate assessment for all properties valued on island
  • Notifying owners of the assessed value of their properties
  • Preparing and certifying the Tax roll
  • Disseminate information to the City, Town & Village Councils

 

Roles Of The Objections Unit

 

  • Handle taxpayers objection cases and inform t/p of changes
  • Inform the Assessments Unit of any changes made to t/p assessment(s) 

 

 

Roles Of The Exemptions Unit

 

  • Handle exemption requests (Age 60+, 1st Time Home Owners, Newly built commercial properties, t/p income is less than $6,000 per annum) and inform taxpayers of exemption granted
  • Inform Assessments Unit of exemption granted

 

 

 

Roles Of The Collections Unit

 

  • To collect property tax revenue
  • To account for revenue collected by the City, Towns and District Councils
  • To monitor and update taxpayer P.T accounts
  • To prepare and mail demand notices to taxpayers
  • To make payment agreement with taxpayers
  • To forward P.T arrear cases to the Enforcement Unit for stringent collection action

 

 

 

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Ⓒ2013 Inland Revenue Department, Government of Saint Lucia.