In addition, the Corporate Services scrutiny sub-panel has dismissed the proposed ‘RUDL’ payroll charge of £500 per worker as unworkable, and proposed instead that non-resident companies could pay a tax based on the rental value of their premises.
Under the plans – first proposed during a public hearing by Jurat Peter Blampied, the former senior partner of Coopers and Lybrand in Jersey – all companies would pay tax on the rent of premises, or the deem-ed rent if they owned the property, and the tax could be claimed back against the local tax they pay if the company is registered here, or against the tax they pay in the country of registration.
