The Guernsey government has announced that the Policy & Resources Committee will carry out further investigations into corporate tax options as part of the ongoing tax review. The tax review began in summer 2021 for increasing tax revenue considering immediate and long-term financial pressures, including initial options for the possible application of an income-based health tax at a rate of 3%, a Goods and Services Tax (GST) at rates of 5% or 8%, and other changes.
---
Policy & Res…