 The chamber is concerned tax costs will be passed on to customers |
Jersey's Chamber of Commerce has said it will not support plans to introduce a sales tax as a way of raising more revenue for the government. The Finance Committee has suggested ways to raise money to fill projected gaps in government finances when a zero tax rate for companies is introduced.
One of them is a possible introduction of 5% sales tax on good and services.
The chamber is supporting most of the measures, but has said a sales tax will damage the economy.
The chamber said it believed any sales tax would damage tourism and retail businesses.
It also said it was concerned businesses would pass on the higher costs generated by the tax to their customers.
One-Minute World News 
News services
E-mail this to a friend 
Printable version 
