Land Tax Department

Overview

The Land Tax Department was established in 1983 as a result of a merger of two Departments within the Ministry of Finance; the Land Valuation Division, which was responsible for the valuation of all real property and the levying of Land Tax, and the Rates and Taxes Division, which was responsible for the collection of Land Tax as well as a number of other taxes e.g. Motor Vehicle Tax, Pedal Cycle Tax, and Dog Licences etc.

The main functions of the Land Tax Department are:-

The valuation of all real property in Barbados on a triennial basis.
The preparation of a Valuation Roll and a Land Tax Roll.
The collection of Property Tax.
The Valuation of properties under the Land Development Act and the collection of Land Development Duty.

Other functions include the assessment of property for the Government for the following purposes:-

Property Transfer Tax.
Compulsory Purchase Cases.
Negotiated Sale or purchase of property.
Valuations may also be done for private persons on request for a fee.

The Land Tax Department is also represented on the Standing Valuation Committee which advises the Government on land matters and negotiates on its behalf in cases of sale or purchase by either compulsory acquisition or private treaty.