States criticised for ‘inaction’ over improving public finances
Thursday 21st February 2013, 11:00AM GMT.
Deputy Lyndon Trott in his 2007 Treasury minister role giving a ‘roadshow’ presentation ahead of the introduction of zero-10. (0498026)
STATES incomes have fallen nearly 5% in cash terms since the introduction of zero-10 corporate tax in 2008.
States revenue income in 2007, the last full year before the tax changes, was £365m. In 2011 income was just £347m. – still representing a significant recovery from £331m. in 2010.
Public incomes are budgeted to recover and move ahead of the 2007 figure for the first time this year.
Yet Ernst & Young tax partner Graham Parrott has expressed surprise that the States – having identified in March 2009 the need for ‘urgent action to reduce the structural deficit’ – has barely taken action to improve public finances.
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You could have just said “States criticised for ‘inaction’” The list is ever growing of items not resolved and decisions not taken.
There would be a lot more progress if some deputies were left to do their jobs rather than deal with others who simply wanted to be “jobs worth”. I’m still a firm advocate for fewer deputies and Island wide voting which would certainly remove some of the less worthy candidates who often just end up seat filling.
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The more things change the more they stay the same.
Still – when Belle Greve Bay – sorry Venice Beach is developed we will all be alright.
Its coming !
Go on Dep Kev – you know you want to !!!
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