It is important to file an accurate Valuation Return within the given time-frame – ie on or before 28th February 2022.

It is likely that a significant number of the Assessments will be challenged on grounds of unreasonableness and the first evidence a Court or Tribunal will consider is the return filed by the taxpayer, or in extreme cases, the failure or refusal to file – just like in any tax appeal. Therefore property owners who have not filed, or have filed incorrect information would be at a grave disadvantage in such cases.

Raymond and Pierre Limited can accurately file these Valuation Returns – our fees for these filings are $1,500 + VAT for the residential properties and $5,000 + VAT for the commercial ones.