Jersey could raise its income tax rate to 30% in efforts to mitigate the
slump in the economy.
The offshore centre has suffered from the decline in the financial services
sector, which has led to the proposal of taxing those earning in excess of
£100,000 being considered,
to the FT.
However, the Crown Dependency admitted it could be in the unenviable position
of alienating the companies which employ the high earners it is targeting.
In a public consultation the Jersey government said, ” They would take with
them the jobs and business they generate in our economy, which would affect all
Crowe Clark Whitehill , the top 20 accountancy firm, has announced the promotion of Chris Mould to partner
The latest opinions from Accountancy Age on Making Tax Digital, and outline plans to evolve the UK's corporate governance regime
Five million taxpayers are ow using digital personal tax accounts (PTA) as part of the making tax digital strategy, HMRC said
UK-based non-doms have paid ten times more tax than the average taxpayer, raising concerns over the Brexit impact on non-dom contributions and therefore, the economy