GUERNSEY will take at least a £3m. to £4m. hit as a result of changes to the island’s corporate tax regime announced today.

TAX revenues could drop by up to £10m. a year if the States makes the changes to zero-10 that the EU looks set to demand, local experts have warned.

PART of Guernsey’s zero-10 corporate tax regime has been deemed harmful by the EU, but no decision on the systems future has yet been made.

Progress has been made over the last four years; the States have established an evolving strategic planning process, progressive measures such as a minimum wage and maternity leave have been introduced and the framework for ‘freedom of information’ legislation agreed.

Maintaining our local lifestyle requires the safeguarding of our environment, culture and prudently balancing and diversifying our economy to keep people in employment.  

I am a firm believer in an open and transparent government which is accountable to the people of Guernsey.

As a politician there has been no more dedicated follower of social trends, attending events and useful lectures and community happenings.

IN ADDITION to publicised improvements in education, I would like to see further provision for students who are unable to afford the increased costs of university on the mainland.

EUROPEAN officials could deliver a decision on whether Guernsey’s corporate tax strategy is harmful on the eve of the general election.

I AM a Guernseyman, married to Diana with two grown-up daughters.