Brexit & EconomyPoliticsJersey taxes to rise next year

Jersey taxes to rise next year

Increased taxes could result from spending review

Jersey has warned that it is likely to raise taxes from next year as the
government looks to make savings of £50m a year.

The Channel Island is to undertake a comprehensive spending review in order
to make savings in government expenditure and public services. Some of these
savings will be used to create a contingency fund and fund growth in essential
services, reports tax-news.com.

Tax increases are likely to be used to make up any shortfall in savings from
the spending review.

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