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Hangar8 and projected receipts to the Treasury and the Parish of St. Peter

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WRITTEN QUESTION TO THE MINISTER FOR ECONOMIC DEVELOPMENT BY THE CONNÉTABLE OF ST. JOHN

ANSWER TO BE TABLED ON TUESDAY 11th DECEMBER 2012

Question

"In relation to the proposed new hangar development at Jersey Airport, will the Minister confirm the detail of the relevant tax and associated payments to the Treasury and Parish authorities' as set out in his answer to my written question 20th November 2012, and advise whether the projected receipts to be delivered to both the States Treasury and the Parish were included as part of the tendering process and, if so, provide details?"

Answer

As a Jersey registered company, Hangar8 will be liable to all relevant taxes payable to the Treasury as well as payment of Parish rates in line with any other Jersey based business.

These projected receipts did not form part of the evaluation process, which instead focused on developing opportunities to grow Jersey's corporate aviation market as well as generate income for the airport.