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Monday, May 20, 2024

Asset re-evaluation not a sign of impending tax hike, Amirudin says

The ongoing re-evaluation of all holdings or assets by several local authorities in Selangor is not indicative of a tax increase, said Menteri Besar Amirudin Shari.

He said this process is a standard procedure to evaluate assets or properties in specific areas, based on current values, following more than 10 years of utilising existing rates.

“Not all local councils are partaking in this re-evaluation process. The procedures conducted by the Ampang Jaya Municipal Council mirror those executed by the Kajang Municipal Council in 2022.

“This is a preliminary assessment of assets or properties within the respective local areas, enabling the Ampang council to solicit views, objections, or feedback from the affected community.

“It’s important to note that this isn’t a notification of impending tax hikes, as some may have feared.”

He said this to reporters after receiving the Malaysia Book of Records certificate on behalf of the state government, recognising its achievement in the category of Most Kindergarten Participants in an Integrity Awareness Campaign.

A fair assessment

The event, organised by Selangor Menteri Besar (Incorporated), featured colouring activities focused on promoting integrity values and drew participation from 1,066 children aged three to six years.

Elaborating, Amirudin said the re-evaluation process was carried out meticulously, taking into account multiple factors such as maintenance expenses and waste management, which naturally vary from those established 10 or 15 years ago.

The Sultan Salahuddin Abdul Aziz Shah Building in Shah Alam, Selangor.

He stressed that the re-evaluation also served to assess the efficiency of urban development processes in Selangor, as unchanged asset values might signal underlying issues within the locality or specific area.

“This process isn’t about raising taxes but rather a fair assessment by the local authorities, as it influences land values and validates property assessments within the area,” he added.

Amirudin reassured residents in the related locality not to worry, as the state government would not hastily make decisions.

He added that the re-evaluation conducted by the Kajang Municipal Council two years ago has yet to be implemented.

- Bernama

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