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Nairaland Forum / Nairaland / General / Properties / 1.5% Property Tax. (729 Views)
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1.5% Property Tax. by sultaan(m): 11:15pm On Jan 02, 2017 |
I will like to know the views of everyone on property taxe. If the government was to access the value of each property in Lagos based on the selling price of similar properties in the Neighbourhood then charge 1.5% property tax on each property every year do you think houses and lands (.3%) will still be priced like they are now? To pay for free education through high school and free health through high school in government schools and hospitals. I think those ridiculous lands in Lagos will be priced with less speculation. That should be the next step for both Lagos and Ogun state govt |
Re: 1.5% Property Tax. by redcliff: 12:28am On Jan 03, 2017 |
Sounds like a nice idea... thats same thing done abraod. You would pay heavy tax if you outrightly buy a property. |
Re: 1.5% Property Tax. by mufutau55(m): 12:48am On Jan 03, 2017 |
redcliff: But abroad you get services. What does Naija Govt ever done for any homeowner? Hajji M. |
Re: 1.5% Property Tax. by redcliff: 12:51am On Jan 03, 2017 |
mufutau55: Then again u r right... |
Re: 1.5% Property Tax. by sultaan(m): 4:56am On Jan 03, 2017 |
That guarantees that the very rich people pay more than the basic and every property owner will have to pay. Roads can easily be fixed in residential areas if the system is not massively corrupt like the current system and taxes will be paid to LG not state |
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