A MAJOR overhaul of the tax regime for non-doms in the UK would damage its own economy and that of Guernsey’s in the long-term, according to tax expert Graham Parrott.

COMING up with a new corporate tax strategy to replace zero-10 is possibly the biggest decision facing Guernsey at the moment. Get it wrong, and the island’s future as a successful finance centre could be under threat.

A CORPORATE tax rate of 10% in Guernsey would drive business away from the island, tax expert Graham Parrott has warned.

PRODUCTS shipped to the UK from Guernsey using low value consignment relief should become more attractive following a rise in VAT, according to tax expert Graham Parrott.

SHOULD the UK press ahead with plans for its own bank levy, it could have serious consequences for Guernsey’s finance sector, it has been claimed.

GUERNSEY faces increasing pressures as both the UK and the US tackle taxes, according to a local expert.

GUERNSEY will have to follow Jersey in the automatic disclosure of tax information, according to a top adviser.

A TAX expert has criticised a story printed in The Guardian newspaper yesterday that made claims about Guernsey’s finance industry.

GUERNSEY’S tax practices are again coming under the microscope of the European Union.

In the first instalment of his new monthly column, Ernst & Young partner Graham Parrott considers the economic repercussions of Fallagate