Treasury Minister Eddie Teare says new rateable values for houses should be in place by February next year.
Yesterday, Tynwald approved spending £2 million on updating the value of every property on the Island using contracted valuers.
The cash will be spent on staff, IT systems and administration – including an appeals process.
Mr Teare says a 13-month deadline set by Tynwald to carry out the project doesn’t give a lot of time:
Clip 1
Firefighters attend late night gorse fire at the Point of Ayre
People warned of dangers as we enter warmer season
Government appoints new Chief People Officer
Grace Eames will take charge of Office of Human Resources next month
Vehicle rolls 'several times' during crash in the south
Emergency services called out to single vehicle incident on Billown Circuit.
MHK frustrated DOI hasn't yet submitted horse tram business plan
Sarah Maltby has two questions relating to the horse trams in next week's House of Keys sitting