Skip to main contentAccess keys help

[an error occurred while processing this directive]
BBC News
watch One-Minute World News
Languages
Last Updated: Monday, 18 April, 2005, 16:29 GMT 17:29 UK
Business boss suggests higher tax
The head of a business group in Jersey says a proposed goods and services tax should be set at a higher level.

The controversial revenue is aimed at correcting a deficit after a zero-rate corporation tax is introduced in 2007.

The island's treasury faces an �80m to �100m hole in its budget every year by 2010 after the zero rate is brought in.

Andrew Lewis of the Institute of Directors said a 10% tax instead of a proposed 5% would ensure income tax would not have to rise.




SEE ALSO:


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


PRODUCTS AND SERVICES

News Front Page | Africa | Americas | Asia-Pacific | Europe | Middle East | South Asia
UK | Business | Entertainment | Science/Nature | Technology | Health
Have Your Say | In Pictures | Week at a Glance | Country Profiles | In Depth | Programmes
AmericasAfricaEuropeMiddle EastSouth AsiaAsia Pacific