Uplifts in land values: Land Development Tax or equivalent mechanism(s) (P.90/2011) – comments.

Published on: 4 July 2011

Presented by: Council of Ministers

Debate date: 12 July 2011

Reference: P.90/2011(Com)(2)

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STATES OF JERSEY

UPLIFTS IN LAND VALUES: LAND DEVELOPMENT TAX OR EQUIVALENT MECHANISM(S) (P.90/2011) – COMMENTS

Presented to the States on 4th July 2011 by the Council of Ministers

STATES GREFFE

2011 Price code: A P.90 Com.(2)

COMMENTS

The Council of Ministers opposes the land development tax proposals brought forward by the Deputy of St. Mary . Ministers believe that the decision of the States to carry out further work on Policies H1 and H3 of the 2011 Island Plan will deliver, not only an inherently more viable and proportionate system of deriving revenue from land development, but also actual affordable homes.

The Council of Ministers therefore urges States members to reject this proposition.

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P.90/2011 Com.(2)