Guernsey

Trott says Guernsey tax rise is "inevitable"

Lyndon Trott
Image caption Deputy Trott said he was determined to find an acceptable system

A tax rise in Guernsey is "inevitable" as tax policy is reviewed, says the chief minister.

Scrapping corporation tax is one of five options being put forward as alternatives to the current zero-10 system.

Concerns were raised that the current rate did not meet the spirit of the European Union's Code of Conduct.

Chief Minister Lyndon Trott said: "It's inevitable that taxes will rise", but it was too early to say by how much.

He said the States was determined to find a system that was acceptable.

Deputy Trott said: "There are other processes that are under way within the States of Guernsey, for instance the fundamental spending review, that we hope will mitigate to a large extent the need for addition taxes, but it is too early to say."

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