And many Islanders can expect to see their tax bills rise significantly over the next five years.
The States made the historic decision after four full days of debate to adopt a three per cent across the board goods and services tax.
They also agreed to scrap tax allowances so that middle and higher income earners pay more under a ‘20% means 20%’ tax regime.
The two tax raising measures are expected to bring in at least £55m a year to help plug an expected tax black hole of up to £100m a year.
The gap will be caused by the introduction of a new zero-ten corporate tax structure due to become reality later this decade.
Favour The vote to approve a goods and services tax (GST) was 31 in favour with 15 Members against.
The ‘20% means 20%’ vote was 30 in favour with 16 against.
