Property Tax To Go Up From Jan 2022 Because Sinkie Landlords Are Collecting More Rent

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Property Tax To Go Up From Jan 2022 Because Sinkie Landlords Are Collecting More Rent

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01-12-2021, 10:50 PM

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Property Tax To Go Up From Jan 2022 Because Sinkie Landlords Are Collecting More Rent

An honorable member of the Coffee Shop Has Just Posted the Following:

SINGAPORE - Most owners of Housing Board flats can expect to pay more in property taxes next year, as the Inland Revenue Authority of Singapore (Iras) will be revising the annual value (AV) of HDB flats in line with increase in market rentals.

Iras said in a statement on Wednesday (Dec 1) that the AV will be revised upwards by 4 per cent to 6 per cent, with effect from January next year, and that this is part of its annual...

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