Penang extends 50% discount offer on overdue property taxes

THE Penang state government has announced a substantial 50% discount on overdue fines for late payments of assessment and quit rent.

Penang Chief Minister Chow Kon Yeow revealed that this discount is applicable for those opting for a one-time lump sum payment to settle their overdue fines.

The generous offer comes as an initiative to prompt property owners to fulfil their tax obligations, with the discount set to remain in effect until May 31.

Moreover, Chow emphasised the importance of encouraging property owners to address their outstanding tax responsibilities during this grace period.

The discount is automatically applied to all property tax payers choosing to make lump sum payments for overdue fines, whether in person at the land and district office or conveniently online through the PgLAND portal. This inclusive approach extends to taxpayers who have received Penalty Notice 6A (quit rent) or Penalty Notice 11 (assessment).

However, it’s crucial to note that the discount does not extend to instalment payments or overdue fines settled before Jan 2, the effective date of the discount offer by the state government. The state government’s commitment to transparency and fairness in this initiative is evident in these stipulations.

“Landowners with inquiries may contact the revenue unit at the Penang lands and mines office, or the land and district office,” he said.

Furthermore, this proactive step aims to ensure that property owners are well-informed and can take advantage of this limited-time opportunity to settle their overdue fines at a significantly reduced cost. – Jan 4, 2023

Main photo credit: The Star

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