Boat-builders going ‘underground’
PA Auckland An “underground” boatbuilding industry has grown up as a result of the Government’s restrictive boat tax, < says the chairman of the i Marine Trades Association, Mr Yeoman Sands. Mr Sands said that pro- , spective boat owners were ' going "underground” in an 1 attempt to beat the tax sys- 1 tem. “These people are buying a I hull and then paying $ll an ] hour under the table to get it ' finished. No boat-builder is ' going to work legally for $6 I an hour and then pay tax if i he can earn that sort of I
money,” Mr Sands said. He said the growth of such illegal activities was further hastening the demise of the established boat-building industry. “In the long run nobody wins because there will be no big companies left, no apprentices, and no equipment,” he said. Mr Sands said the association would make further approaches to the Minister of Trade and Industry (Mr Templeton) to show how boat tax and the emergence of underground builders was affecting the industry.
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Press, 12 May 1982, Page 10
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176Boat-builders going ‘underground’ Press, 12 May 1982, Page 10
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