Guernsey politicians meet to discuss the future of the island’s tax system

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Guernsey politicians have spent a busy day debating controversial plans to reform the island’s tax system, including a goods and services tax.Meanwhile, the island’s Chamber of Commerce claims it would be the “death of retail trade” on the island and strongly opposes such measures.

MP Charles Parkinson, a tax expert who has published books on the matter, said the problem would only be resolved when the Zero-10 tax system was fixed and added that he was very disappointed with the policy letter.Meanwhile, MP Peter Roffey, who helped draft the report that informed the policy letter, said people were starting to realize that additional income had to be found somehow. .Speaking earlier today, he said he was encouraged by the discussions in the House.


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