REF: Fire service levy to affect insurance
Article from: The Australian
THE Brumby government has been warned that imposing levies on property insurance policies to pay for fire brigade services is making premiums unaffordable and driving people away from protecting their homes and businesses in high-risk areas.
The National Insurance Brokers Association says the fire service levies and additional GST and stamp duty charged on them can more than double premiums for some commercial properties in bushfire-prone areas. "Clearly, there is in Victoria a very large section of the public that do not protect their property by insurance," the association said in response to a Victorian government green paper.Also: Fire-service levy row flares
November 4, 2009
Last Friday, Victorian Treasurer John Lenders announced the Government would conduct another review of the levy on property insurance, used to fund the Country Fire Authority and Metropolitan Fire Brigade.
- Should the fire services levy be scrapped? Vote now
- Have Your Say in the form below
- Editorial: Come clean on fire levy policy
Comment:
What more can I say about this UNFAIR TAX?
Please VOTE by going to this link:
For each $10,000 of premium country businesses and farmers pay to their insurers, they must also pay a terrorism tax of $200, the fire services levy of $8570, GST of $1880 and stamp duty of $206, bringing the total to $22,710.
That's $10,000 to the insurance company and $12,710 to the Governments!
No comments:
Post a Comment