Jersey Seeks Feedback On Property Tax Review
by Jason Gorringe, Lowtax.net, London
08 December, 2014
Jersey has extended the consultation period for the proposed introduction of a tax on land and buildings until January 31, 2015.
The extra month will allow more time for people to express their views on the principles to be applied when taxing land and buildings in Jersey, as part of the island's Property Tax Review. The consultation paper was published alongside the 2015 Draft Budget Statement, with an original deadline of December 31, 2014.
Jersey Treasury and Resources Minister, Philip Ozouf, said: "Fundamental changes to the way we tax property will take time and we understand that some of the issues raised in this consultation may provoke strong reactions. This review is the first step on the road to reforming our system. I would like to reassure islanders that the primary purpose of this review is not to raise additional revenue, but rather to ensure that Jersey's property tax system is put on a sound footing. I would encourage everyone to take this opportunity to contribute to the development of policy in this important area."
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