Guernsey and Jersey are attempting through a Judicial Review to overturn a HM Treasury decision to stop the islands benefitting from a VAT exemption, known as low value consignment relief, which is available to all non-EU states.
Jersey’s representative David Vaughan QC opened arguments in the Administrative division of the High Court yesterday morning.
He warned that if the islands lost the case they might lose the trade which would cause ‘massive unemployment and consequences for both islands’.
• See today’s ~JEP for full report
