Guernsey Unveils Real Property Tax Relief Scheme
Guernsey's Social Security Department announced this week that it is introducing a new means tested benefit to help low income households with the new Tax on Real Property (TRP), which is replacing Tax on Rateable Values (TRV) from this year. "The TRP Relief Scheme is designed to help people on low incomes whose
TRP bills may have increased substantially as a result of the changes being
made to the way property is taxed", explained Deputy Diane Lewis, Social
Security Minister. "Households with an annual TRP bill of GBP100 or more and a household
income of less than GBP35,000 per annum should get in contact with us if their
TRP bill is going to cause them a problem. Whether or not we can help will depend
on individual circumstances," she added. TRP bills for 2008 are being sent to all property owners this week. People
wishing to apply for assistance under the TRP Relief Scheme should contact Social
Security before mid-June, the Department stated. .
|
|
IMPORTANT NOTICE: TAX-NEWS.COM has taken reasonable care in sourcing and presenting the information contained on this site, but accepts no responsibility for any financial or other loss or damage that may result from its use. In particular, users of the site are advised to take appropriate professional advice before committing themselves to involvement in offshore jurisdictions, offshore trusts or offshore investments. All materials on this site copyright TAX-NEWS.COM 1999 to 2007. Contact us for further information.