Thursday, December 16, 2010

Nain Residents Face Tax Increase

Nain residents will be paying a little more for certain taxes in 2011.

The Nain Inuit Community Government (ICG) has increased poll taxes and water and sewage taxes.

Nain residents will pay $90 for their poll tax in 2011.

That’s a $10 increase from 2010.

The water and sewage tax will increase by $25 in 2011.

Nain residents will now pay $150.

Businesses are facing tax increases as well.

The business tax rate will be set at 0.7 percent.

That’s a 0.025 percent increase from last year’s rate.

The minimum business tax has also been increased from $200 to $250.

The garbage disposal fee has also been increased.

Businesses will pay $1,060 compared to 2010’s $1,050.

The dump usage fee will remain the same in 2011.

The new tax rates come into effect January 1, 2011.

Makkovik’s taxes will remain the same for the 2011 fiscal year.

The Rigolet and Hopedale ICGs will discuss their tax rates at a later date.

The Postville Inuit Community Government is recommending a few tax increases.

The increases need approval from their newly-elected council.

1 comment:

  1. Not too bad for Nain, it has been quite some time since the last increase.