Taxation of Real Property (TRP) is Guernsey and Alderney’s property tax system.
TRP is paid annually by each property owner. The amount of TRP is determined by the Cadastre on behalf of the Policy and Resources Committee.
The calculation is based on the area of each building and piece of land and the category it falls into.
TRP Appeals Panel
If a property owner doesn’t agree with a TRP assessment, she or he can appeal to the Cadastre within 28 days. If that does not resolve the issue, an appeal can be made to an independent body, the TRP Appeals Panel.
Appeals against a TRP assessment mostly involve a dispute about the category that a building or piece of land falls into – different categories are charged at different rates.
For example, a parcel of land might be reassessed by the Cadastre as ‘Retail’ when it was previously ‘Warehousing’, resulting in a significant increase in TRP.