Friday, September 21, 2012

Insurers accused of fire levy 'double-dipping'

Insurers accused of fire levy 'double-dipping'

in part


The move, according to the Herald Sun, has infuriated the State Government, which has asked soon to be appointed insurance watchdog Prof Allan Fels to investigate.

“The ICA points out that the FSL collected in the 2012-2013 fiscal year funds the fire services for that year alone, and not for the 2013-14 fiscal year, which is when the new property-based charge will take over funding Victoria’s fire brigades. Therefore, double-dipping is not taking place and consumers are not being taxed twice overall.”

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