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Charters receive 50% reduction in licensing fees

Charters receive 50% reduction in licensing fees

The Commissioner of Customs, Mr. Wade N. Smith, is notifying all Charter boat owners, charter companies, and charter management companies of a 50% reduction of licensing fees outlined in the Commercial Recreational Vessel Licensing Act, 1992.
In accordance with Section 4 of the Act, Recreational Commercial Vessel licensing fees are due on November 1 each year. As such, fees were to be paid by November 1 2020. However, given the circumstances created by the COVID-19 pandemic which prevented the marine industry from operating at full capacity, licensing fees outstanding since November 1, 2020 are now due to be paid at a 50% reduction by April 15 2021. Thereafter fines and penalties may apply in accordance with Section 11 of the Act for non-compliance.

Premier and Minister of Finance, Honourable Andrew A. Fahie, affirmed that this reduction in licensing fees is a part of the Government’s commitment to alleviating the impacts of COVID-19 on the public in the form of stimulus packages.

The Premier said “In the form of a stimulus to the marine industry, I am pleased to announce that your Government has extended a reduction of fees for the 2020 to 2021 season, for the licensing year 1st November, 2020 to 31st October, 2021.This is a stimulus for our marine industry!”

All charter companies and charter boat owners are encouraged to contact the Customs Department at 468-6852 and submit all outstanding fees by April 15 2021.

Her Majesty’s Customs is committed to serving the Government and the public with professionalism, fairness and integrity by, providing quality service, maximising the collection of Revenue, protecting our Territorial borders and facilitating legitimate trade efficiently, effectively and economically in order to safeguard the well-being and security of the Territory.
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