Treasury Minister: There are no plans to raise income taxes

Treasury Minister: There are no plans to raise income taxes

The government of Jersey has no plans to increase income tax or introduce new corporate taxes that would harm the international competitiveness of the finance sector. Deputy Elaine Millar stated that the Island does not need to follow the Isle of Man in raising income tax, and instead her department will focus on finding efficiencies to manage public sector costs. Additional funding has been allocated to Health and Community Services, and there are no plans to introduce measures such as capital taxes on second property sales.