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Property Tax Calculator
Calculate your annual property tax based on Annual Rental Value (ARV) and municipal rates
Property Tax Calculator
Enter your property information to calculate tax
Property Tax Information
Key information about property tax in Trinidad and Tobago
How Property Tax is Calculated
- • Based on Annual Rental Value (ARV) - typically 6-8% of property value
- • Municipal tax rates range from 3% to 6% of ARV
- • Property type affects the calculation multiplier
- • Various exemptions and discounts may apply
Available Exemptions
- • Senior citizens (65+): Up to 50% discount
- • Persons with disabilities: Up to 75% exemption
- • First-time property owners: 10% discount
- • Agricultural properties: Reduced rates
Payment Benefits
- • Annual payment: 5% discount
- • Semi-annual payment: 2.5% discount
- • Quarterly payment: No discount
- • Monthly payment: 2% surcharge
Note: Property tax rates and exemptions may change. Always verify current rates with your municipal corporation.
Municipal Corporations
Next Steps
- • Review your calculation results
- • Check if you qualify for any exemptions
- • Choose your preferred payment schedule
- • Contact your municipal corporation for official assessment
- • Keep records of all property tax payments