challenge and should stop collecting VAT for the UK government immediately, says one company owner.
Phil Balderson, of HealthSpark, says that the tens of millions of pounds in VAT revenue that Jersey collects on fulfilment orders worth more than the £15 threshold and sends to the UK should be stopped to show the coalition government that the Island will not just roll over.
His comments follow yesterday’s announcement that the UK will change the tax law to stop the Channel Islands sending anything into the country without charging VAT.
That could mean the loss of hundreds of fulfilment jobs and more damage to the economy, as fulfilment has been one of the few success stories in the years of promises of diversifying the economy.
Full story in Thursday’s JEP
