Episode 14: Glasgow's Occupational Tax with Special Guest, Nick Hurt

Henry’s Dashboard Dialogues

05-03-2024 • 7 minutos

Welcome to another edition of Henry's Dashboard Dialogues, your go-to podcast for all things related to Glasgow. Join Mayor Henry Royse as he discusses recent crucial tax changes with our guest, the Occupational Tax Administrator, Nick Hurt.

In this episode, we delve deep into the proposed changes to Glasgow's insurance premium fees that have remained unchanged since 1966. Nick Hurt provides context and explains the need for reevaluating these rates, aimed at aligning Glasgow with the surrounding areas. We discuss the differential fee rates on insurance categories, and why Nick believes those related to life and health insurance need a little revamping.

In true spirit of transparency, the discussion also explores the financial impact of these proposed changes. The revised tax structure, projecting to offer an additional revenue of around $200,000, doesn't massively burden our residents but rather leads to a small, proportional contribution towards the city's financial strength.