29 June 2010
Almost 300 Islanders have given their views during the first week of a public consultation on how possible changes to personal taxation would affect Jersey.
The Treasury Minister, Senator Philip Ozouf, is asking people what they think about tax as part of the Fiscal Strategy Review. The Green Paper highlights a range of possible changes which may be needed to help bring the Island's budget back into balance. These include:
- increase GST from 3% to 5%
- raise the ceiling on social security contributions to £115,000
- triple domestic property rates
- introduce a higher rate of income tax (30% on income over £100,000)
The first of a series of public meetings about personal taxation will be held this week. Islanders will have the chance to ask the Treasury Minister specific questions.
Senator Ozouf said “This is an extremely important consultation which affects all Islanders. I want to know what people think about these issues and I would urge people to come along to the public meetings to have their say.”
The public meeting are being held on:
- Thursday 1 July: St Paul’s Centre, St Helier, 7pm
- Wednesday 7 July: RJA & HS, Trinity, 7pm
- Monday 12 July: Les Quennevais school hall, St Brelade, 7pm
Personal tax review