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States reject call to halve retail tax

News | Published:

THE CONTROVERSIAL retail tax will remain levied at a top rate of 20 per cent after the States rejected moves to halve it.

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The tax was introduced during the last Budget debate on retailers earning profits of more than £500,000.

However, the rates of the tax have proved controversial with retailers, who claim it will damage the industry and prevent investment in the high street.

St Helier Constable Simon Crowcroft was attempting to halve the top rate to ten per cent.

His proposals were defeated by 25 votes to 21.

Richard Heath

By Richard Heath
author

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