Are Selangor residents ready to accept a 25% assessment tax increase starting 2025?
Starting January 1, 2025, property owners in Selangor will see their tax bills increase after the state government approved the tax rate increase.
Local Government and Tourism Exco, Ng Suee Lim, defended the move as a “necessity” to reflect the current value of properties.
He said many local councils were still using the old tax rate, such as in Sabak Bernam which was still using the rate from 1986.
However, the move was met with strong opposition with more than 148,000 property owners expressing their dissatisfaction.
Many felt the timing of the increase was very inappropriate, especially with the current economic challenges that are burdening the people.
To reduce the implications for the people, the government set the increase limit at 25%.
For example, even though a revaluation may double the tax from RM100 to RM200, property owners will only have to pay RM125, compared to the full rate.
