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Author Topic: Tax windfall profits on land says Deputy  (Read 998 times)

Offline Chop Suey

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Tax windfall profits on land says Deputy
« on: September 21, 2009, 03:24:30 AM »
http://www.channelonline.tv/channelonline%5Fjerseynews/DisplayArticle.asp?ID=450422

Windfall profits from rezoned land in Jersey should be taxed says St Helier Deputy Trevor Pitman.

Deputy Pitman's concerned that individuals will make huge profits from selling on land, but little tax will be produced for the benefit of islanders.

I am sure this was been suggested by regular posters on Planet Jersey some time ago but is the time right when we have a slump in the housing market?
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Offline Mark Forskitt

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Re: Tax windfall profits on land says Deputy
« Reply #1 on: September 21, 2009, 05:05:39 AM »
Quote from: Chop Suey on September 21, 2009, 03:24:30 AM

I am sure this was been suggested by regular posters on Planet Jersey some time ago but is the time right when we have a slump in the housing market?

Yes, some of us put in manifestos at the last senatorial elections. Now is as good a time to do it as any other.  Unless the rate is eye wateringly high, it is most unlikely to prevent an application for rezoning. The instant capital gain on rezoning a couple of vergee of agricultural land to housing is enough for most mortals to retire on.
« Last Edit: September 21, 2009, 07:54:33 AM by Mark Forskitt »
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Offline Fritz

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Re: Tax windfall profits on land says Deputy
« Reply #2 on: September 21, 2009, 12:45:57 PM »
As a ,"Newbie", Chop Suey?
How can you be so sure that things have been posted before? ::)
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Offline ole razzy

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Re: Tax windfall profits on land says Deputy
« Reply #3 on: September 21, 2009, 01:25:38 PM »
Quote from: Fritz on September 21, 2009, 12:45:57 PM
As a ,"Newbie", Chop Suey?
How can you be so sure that things have been posted before? ::)

Chop chop just aint cuttin it wit me.
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Offline Dylan

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Re: Tax windfall profits on land says Deputy
« Reply #4 on: September 21, 2009, 02:10:31 PM »
Chop Suey is an anagram of "I'm the effing bee you twits!" simples Hoss!
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Offline Fritz

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Re: Tax windfall profits on land says Deputy
« Reply #5 on: September 21, 2009, 03:31:31 PM »
I thought it was something to do with the, "new servers etc", stuff.
Bring in a new, "High heid yin", to show the sponsors how busy the site can be for their adverts etc?
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