Chamber of Commerce president Ray Shead.
TAX rises worth £22 million proposed for next year ‘spell disaster for businesses’, say the Jersey Chamber of Commerce.
The head of the business lobby group has described Treasury Minister Philip Ozouf’s mission to control States Members’ and civil servants’ spending as ‘like herding cats’, but says that no tax increases should be levied until 2015 at the earliest.
Next year’s States Business Plan, lodged by ministers a fortnight ago, revealed that £22 million in new taxes will be introduced alongside £12 million in cuts next year in the first step in the effort to fill the structural deficit.
Article posted on 30th July, 2010 - 2.57pm
5 Article Comments
So the Rainy Day Fund has been spent or perhaps I should say squandered…by these icons of finance…accounting wizards who could not keep control of a thrift club….the cuts should be made in the civil service and not by voluntaru redundancy,,as some of the smarter ones would scarper with a checque….best to select the ones you want rid of surely.
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1. Truthseeker….. would you not run with a cheque if you were given he chance?
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Scrap ZeroTen. The COM and the states have to admit it is ruining the island, does not comply with EU rules.
Charge a flat tax rate across all sectors and income bands.
And CUT costs..
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TheTaxAxeMan (3) Charge a flat tax rate across all sectors and income bands.
Yes, Yes, Yes; that must include local tax avoidance through capital gains tax, or should I say a lack of capita; gains tax.
Scrap ZeroTen. We need Twenty: Twenty: Twenty. 20% income Tax: 20% income tax on all categories of inhabitant: 20% capital gains tax. Get the budget right and even GST could go.
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That’s exactly the point of the post…better to get rid of the dead wood…rather that incentivise the few good ones surely…
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