Authority
Collected under the authority of section 29 of The Fire Prevention Act, 1992.
Basis
Imposes a tax on insurance companies for all fire insurance premiums.
Rate
1% of gross fire insurance premiums.
Revenue
| Year |
Revenue
|
| 1995/96 |
$2,187,000
|
| 1996/97 |
$2,327,000
|
| 1997/98 |
$2,387,000
|
| 1998/99 |
$2,315,000
|
| 1999/00 |
$3,652,000
|
| 2000/01 |
$2,164,000
|
| 2001/02 |
$2,666,000
|
| 2002/03 |
$2,964,000
|
| 2003/04 |
$3,143,000
|
| 2004/05 |
$3,342,000
|
| 2005/06 |
$3,429,000
|
| 2006/07 |
$3,722,000
|
| 2007/08 |
$3,837,000
|
| 2008/09 |
$4,774,000
|
| 2009/10 |
$4,823,040
|
| 2010/11 |
$5,412,843
|
| 2011/12 |
$5,731,071
|
| 2012/13 (Budget) |
$5,641,385
|
|
