The Channel Island of Guernsey is considering implementing a Goods and Services Tax. The likely rate will be 5%, with some measures to soften the impact for the less well off. The recommendation was published by the Policy & Resources Committee for debate with the alternative of a 3% Health Levy.
Guernsey follows Jersey’s GST lead
This will follow the other major island in the regime, Jersey, which introduced GST in 2008. This was originally at 3%, but was raised to the current 5% in June 2011.
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