Zero-10 decision ‘early next year’
Wednesday 28th September 2011, 2:45PM BST.
A DECISION about the future of zero-10 will be made by the States early next year – but replicating changes made in Jersey would lead to a loss in tax.
Chief Minister Lyndon Trott (pictured) updated the Assembly on Guernsey’s position in the wake of a successful review by European officials of revisions made by Jersey and the Isle of Man’s of their similar regimes in an attempt to make them compliant with EU standards.
Deputy Barry Breahut was unsuccessful in an attempt to suspend the rules to be able to ask questions after the statement.
- More on this story in Thursday’s Guernsey Press
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You don’t really expect the Chief Minister to answer questions Barry. After all the statement was prepared by his senior civil servants.
In fact the whle thing could have been precied to about five lines.
So nothing has moved forward now for about two years and zero ten is still losing us money.
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He’s back-pedalling now I see!
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@Observant
Quite agree. Judging by his picture, which must be current, since he is usually portrayed slumping in a chair with smug facial expression, he is probably wishing he was on one of his jollies, in fact anywhere that meant he wasn’t going to have to own up to plain and simple honesty.
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Apparently the States had to be adjourned for 15 minutes for the Chief Minister to consult the Policy Council as to whether questions would be entertained.
The answer was no they would not.
This was after the word “transparent” had been used no less than eight times during his statement.
How “transparent” is it when you can’t ask questions on such a potentially important statement in the States.
Probably because the Policy Council had no credible answers.
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We should just go straight to 10% corporation tax,will solve the black hole and get the UK s eyes off us.Surprised Jersey don’t wise up,its costing them a fortune and GST is taking money off normal people,who then have less to spend and the economy is taking a bigger dip than ours.
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Our policy Council are scared stiff of making a mistake (of course the biggest mistake was zero ten in the first place).
Nobody denies that we have to remain competitive, but perhaps its time we took the initiative and produced our own version up to 10%, as debated in the States, not different enough to scare away the competition but as I. Le Page says above, go towards balancing our budget and creating a stable platform.
We have been sitting on the fence too long waiting to see what the EEC says about everyone else. The finance industry has been in limbo for around two years waiting for a decision, its time we did some of the dictating. Now we are told we have to wait for their decision on Gibralter.
The EC will have us dangling on a string for years whilst indecisive politicians muddle through.
The
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LT is not brave or bold enough to lay his cards on the table. He wishes to allow locals to support those with ever increasing wealth in the interim. The people he claims to represent he will happily take from to feed those that need it the least.
I don’t believe Jersey will be able to allow outsiders take advantage of them for ever and a day. It might be time for Guernsey to take the lead. Jersey will follow when they forecast the losses the greedy individuals will happily sit back watching whilst their economy breaks its back.
After that they will simply move elsewhere, where they can repeat much of the same for their own selfish gains.
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