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People in Alderney will be receiving new Alderney Property Tax bills in March, following a restructuring of property taxation.
The States of Alderney will now collect the equivalent of Occupiers Rates and TRP, combined as Alderney Property Tax.
The change means the States of Guernsey will no longer be collecting Taxation on Real Property (TRP) in Alderney and it is expected that the northern isle will no longer need a States of Guernsey grant of £1.9 million.
The decision to streamline the taxation and rates will lead to property owners only getting one bill now. It will look exactly like the TRP bill of the past.
The States of Guernsey will be managing this new system and property owners will pay the new tax direct to the States of Guernsey, who will simply pass it back on to the States of Alderney.
“This change means the States will take on sole responsibility for setting the rate of tax on Alderney properties in the future,” said Chair of the Finance Committee, Chris Harris.
“Once the new tax is established, future States may want to review tariffs to provide incentives to different property owner groups depending on budget needs at the time.”
Pictured top: Chair of Alderney's Finance Committee Chris Harris.
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