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GST changes bring in £4m

AN additional £4 million has been added to the public coffers since changes to GST were brought in last summer, the government has revealed. The “de minimis” threshold, at which Islanders pay the 5% sales tax on imported goods, was lowered from £135 to £60 in July 2023. The changes were also applied to large […]

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‘Exempting pensions from tax would have serious consequences’

EXEMPTING old-age pensions from income tax might result in lower pensions or increases in Social Security contributions, according to Social Security Minister Lyndsay Feltham. Deputy Feltham also warns that the move could adversely affect the Long-Term Care Fund, and substantially increase the funding requirement for means-tested benefits. The minister’s comments are contained in a report […]

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Ministers oppose removing GST from food

HAVING a broad 5% rate of GST is simpler to administer for businesses and government, while removing the tax from food is unlikely to lead to “observable price reductions”, ministers have said. A petition calling for the charge to be taken off food passed 1,000 signatures prompting a ministerial response. The topic has been debated […]

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Building of hospital ‘has to stay in budget’

AFTER years of burgeoning costs, the building and development of Jersey’s long-awaited new hospital will have to stay within budget, the Treasury Minister has warned. Deputy Elaine Millar, who is responsible for the £710 million project’s funding, was questioned by the Hospital Review Scrutiny Panel yesterday. More than £130m has been spent in the 12-year […]

Posted inNews, Top Stories

Building of hospital ‘has to stay in budget’

AFTER years of burgeoning costs, the building and development of Jersey’s long-awaited new hospital will have to stay within budget, the Treasury Minister has warned. Deputy Elaine Millar, who is responsible for the £710 million project’s funding, was questioned by the Hospital Review Scrutiny Panel yesterday. More than £130m has been spent in the 12-year […]

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