SHAH ALAM, July 3: Owners of low-cost apartments in Selangor has already started to enjoy the assessment tax discount of 25 percent that was implemented in the Second Term of the Quit Rent Year 2012 (July-December 2013).
According to the Selangor Local Government Exco, Datuk Teng Chan Khim, the State Government also decided to not increase Local Authority (PBT) taxes in the past five years since 2008.
In addition, there are several Local Authorities in Selangor which took steps to lower the quit rent fee by two percent for residential strata such as apartments and condominiums.
“The two percent decline was made following strong financial capability as done by the Petaling Jaya City Council (MBPJ) which is financially stable,” he said when answering a question from the Batang Kali Assemblyman, Nadzari Ahmad Dahlan (BN) during today’s Selangor State Assembly (DNS) session.
Chan Khim explained that the discount given by the 11 Selangor local authorities amounts to RM6,893,124.82.
The highest recorded discount amount was for the Ampang Jaya Municipal Council (MPAJ) which recorded a discount of RM1,599,436, involving 31,672 low-cost apartment units.
This was followed by the Kajang Municipal Council (MPKJ) which recorded RM1,209,190.20 involving 38,387 low-cost units.
