GROWERS are hoping the departure of big bulk-mail corporations will see a return of VAT relief for home-grown Guernsey businesses.
ISSUES such as zero-10, LVCR, and Sark’s government reforms will be considered as part of a review of the Crown Dependencies’ relationship with the UK.
GUERNSEY’S fulfilment sector has contracted by around 50% since the loss of low value consignment relief, Commerce and Employment has confirmed.
HM REVENUE and Customs is taking legal advice in response to claims that Channel Island retailers are shipping to the UK via third countries in order to benefit from low value consignment relief, it has confirmed.
THE chairman of Guernsey’s Bulk Mailers Group has said that his members will bounce back from the withdrawal of LVCR relief last year.
JERSEY’S bill for challenging the UK’s decision to scrap VAT-relief for cheap goods shipped from the Channel Islands will be more than eight times higher than Guernsey’s.
ANOTHER week and another series of damaging headlines in the national papers for the Channel Islands.
GUERNSEY Post is expecting revenue from bulk mail to fall by around £16m. this year as it counts the cost of losing seven out of its top 10 customers.
THE fallout from the loss of Low Value Consignment Relief and the crack down on Qrops (qualifying recognised overseas pension schemes) is taking many forms.
MORE fulfilment companies will leave Guernsey as a result of the Policy Council’s decision not to fight on over low value consignment relief, it is feared.