Heavy defeats for road tax and company fee hike
Thursday 10th December 2009, 2:57PM GMT.
Senator Terry Le Main
BUDGET amendments to set up an annual road tax and to double company registration fees were heavily defeated in the States yesterday.
Senator Terry Le Main’s proposal for an annual charge based on vehicle engine size that would raise an estimated £5.5m was beaten by 43 votes to seven.
And Senator Alan Breckon’s proposal to double company registration fees to £300 to raise £4.9m was beaten by 41 votes to seven.
The Budget debate moved into its third day today with all the amendments dealt with, and the only likely remaining sticking point being Treasury Minister Philip Ozouf’s proposal for a vehicle emissions duty on new cars.
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alan what were you thinking! … a catastrophic leap from £150 to £300 to register a company in jersey would no doubt frighten off all those fat cat finance firms making millions from reciprocal tax agreements straight off to other jurisdictions. makes you wonder just what kind of companies we want to attract to “world class” (don’t smirk) jersey. but hey that’s ok because all the middle to low earners in jersey will continue to cough up to cover the sacred finance industry, isn’t that right, phil. glad le main’s moronic idea got sacked … every cloud and all that.
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I am pleased to see the states finally start to get it we have had enough of tax rises even if they are dressed up as green issues or tax on companies (which slows growth).
Now will the states get the fact we fully support controlling spending and even cuts where needed.
I would suggest every department head should find 2.5% in cuts without cutting front line services and if they can’t perhaps they should be the first to go as all companies have had to to at least that this year!
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As far as I am concerned if a business either cannot afford to, or won’t pay £300 to register a company then Jersey is better off without them.
It is obvious that the working person will yet again end up being forced to pay for shortfalls caused by the CoM’s inability to spread the tax burden more fairly.
As per road tax we already pay 40p or more per litre for it, as this was what replaced road tax, and is why car fuel is so dear in Jersey now. Maybe Terry has forgotten this?
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Don’t Panic! Senator Terry Le Main’s proposal was just a distraction from his failed housing policy and Department.
‘Stick to the knitting’ Terry. When you have got your own Department in order, then you can raise the stakes.
Re; Bruce (1). You are right to point out the folly of the proposals, but wrong to think this was a serious ploy.
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Terry,my old school mate, stick to housing it will get you more votes from the working classes. Do not try to tweak the motor taxes on the rich like yourself.
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Bruce you miss the point, the £300 would have levied on local as well as off shore companies, including small businesses and share transfer companies. Thank fully it was defeated. A better proposition would have been to levy it against purely offshore companies, they’ve already saved £500 on their exempt company status fees.
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John the second, what’s an extra £150 (one off, presumably) to a share transfer company or even a small business.
They will make it up, most likely down the line. If it’s such a huge problem perhaps they shouldn’t be undertaking it in the first place.
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no mention of taking the cap of social then.
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Re #8, the removal of the cap on Social Contrinbutions crops up time and time again. With the removal of allowances on higher earners, would it not be simpler to have some higer rate tax rates for higher earners, or is this being kept for the future when all other options are in place ?
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