Jersey

Jersey minister calls for mail order industry study

Jersey's economic development minister has taken action to help Jersey's online mail-order industry.

Senator Alan Maclean asked that no new licenses be allowed until a review has been done into the industry.

UK Chancellor George Osborne announced changes to a tax loophole that allows island companies to ship low value goods VAT free.

Senator Maclean said he had asked the competition regulator to look into the issue.

He said he hoped this would help find a way to preserve the island's mail-order industry which employs 1,000 people.

The minister said he was determined that the Jersey Competition and Regulatory Authority, as postal regulator, had a "fully developed view of the current and future market".

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