Collection fees are charges made by the Inland Revenue Department in the effort of debt collection on property taxes owed.
COLLECTION FEE RATES
The following are collection fee rates on property taxes owed:
- Tax amount not exceeding $2.50: $0.10
- Tax amount exceeding $ 2.50 but not exceeding $5: $0.25
- Tax amount exceeding $5.00: 5% of the tax in arrears.