A tax payable to the local council by every resident residing within the limits of the local council on the annual assessed value of his residential property. Sections 134 to 166 of the Act are the legal authority for recovery of expenses incurred in carrying out the functions prescribed by Section 3 of the Local Council Act. 2% for properties under main roads and 10% for properties under side roads will be charged from the assessment amount while imposing assessment tax.
* All lands or buildings dedicated wholly or mainly to public religious worship
* Educational institutions receiving aid from non-fee-charging educational institutions or from government funds or who have previously paid such aid and are now in arrears Land or buildings used by institutions
* All cemeteries and burial grounds declared or registered under the Cemeteries and Burial Grounds Ordinance
* Property which is specifically exempted from that tax by resolution of the local council due to the poverty of the owner.
The amount corresponding to the annual value of the property assessed annually by the local council must be paid as assessment tax for the relevant year. There
* If you pay the assessment tax before 31st January every year you will get 10% discount.
* 5% discount if paid in the first month of the quarter.
If you continue to be an assessee delinquent, a warrant fee will be added to your assessment arrears balance.
