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Renters brace for higher rates, landlords hope to keep it managable - Trinidad and Tobago Newsday
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Renters brace for higher rates, landlords hope to keep it managable - Trinidad and Tobago Newsday
Although some landlords are hoping to keep prices manageable, renters told Newsday they are bracing for impact as a 2.5-3.5 per cent tax on rental income is set to begin January 1, 2026. The tax will apply to rental incomes of $20,000 or more, and the one-time $2,500 registration fee is expected to earn the government $70 million. The measures were announced in the 2026 national budget presented by Finance Minister Davendranath Tancoo on October…
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