The group say that the proposals to apply UK-style VAT exemptions to the sales tax on food, and to exempt domestic energy, will not help anyone and will make the tax system more complicated and more expensive to run.
Senator Alan Breckon, who will take the proposals to the States next week, says that life’s basic essentials should not be taxed and that his campaign to take the proposals around the parish halls has produced positive feedback.
But the members of the IoD’s tax committee say that the proposal is a bad idea. Jason Laity, the executive director of KPMG Channel Islands Ltd, said that exemptions would give all Islanders an £8 million tax discount, regardless of whether they were rich or poor.
