Skip to main contentAccess keys help

[an error occurred while processing this directive]
BBC News
watch One-Minute World News
Languages
Last Updated: Tuesday, 4 October 2005, 08:56 GMT 09:56 UK
Minister's anger at tax proposals
Plans to double social security contributions for some residents have met with fierce opposition from the minister whose department handles them.

The proposals have been published as Guernsey's States looks to fill the black hole created by changes to Corporation Tax in 2008.

Social Security Minister Mary Lowe says she is very disappointed at the plans which would see rises of up to 16%.

She says her department has not been consulted about the proposals.

Ms Lowe wants more time to be spent on considering a general sales tax as a way of addressing the problem.

Although higher earners would see the largest increases, Deputy Lowe believes the move would fail to protect low-earners who would see their payments go up by more than 16%.

Small businesses and the self-employed would also suffer under the changes, she said.


SEE ALSO:
Concerns over tax reforms debate
16 Aug 05 |  Guernsey
Date set for tax reforms debate
15 Aug 05 |  Guernsey
Island to comply with EU tax law
27 Jul 05 |  Guernsey
Overspending tops States agenda
26 Jul 05 |  Guernsey


RELATED INTERNET LINKS:
The BBC is not responsible for the content of external internet sites


PRODUCTS AND SERVICES

AmericasAfricaEuropeMiddle EastSouth AsiaAsia Pacific