Treasury officials in Jersey are being asked to consider whether the island's new goods and services tax (GST) should be used to help control inflation. A scrutiny panel is examining whether the 3% tax is right for the island.
It will be used as part of a number of measures to make up for revenue lost to the government when a new low tax system for businesses is introduced.
Panel chairman Deputy Patrick Ryan said GST could help inflation by limiting how much money is in the economy.
"If it's a possibility, we need to investigate it very, very carefully," he told BBC News.
From 1 May 2008 the 3% tax will be added to most goods and services, including clothing and food.
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