Tag "Budget"

Budget is on track to end the deficit

ANYONE looking for an exciting 2014 Budget from Treasury and Resources today will be disappointed. But its lack of surprises is also its strength.

Budget 2014 at a glance....

1347929_475

TREASURY this morning published its 2014 Budget report and the big news was its attempt to get Guernsey’s housing market moving by reducing document duty to save buyers £1m. over the next year.

Treasury publishes 2014 Budget

TREASURY will attempt to get Guernsey’s housing market moving by reducing document duty to save buyers £1m. over the next year.

Added delay to rebuild of La Mare avoided

Robert Sillars

FEARS were raised in the States yesterday that work to start rebuilding La Mare de Carteret High School could be kicked down the road until 2018 – some 16 years after the States promised it would happen.

Deputy will challenge mortgage relief plans

AN AMENDMENT to defeat Treasury and Resources’ controversial suggestion to phase out mortgage interest tax relief will go before the States, Deputy Matt Fallaize has confirmed.

£62 per head gone? Just freeze pay

IN a few short weeks, Guernsey’s 2013 Budget will be released for debate in December. At a time of austerity and with a financial deficit, islanders may well be fearful of tax rises and increases in duty on the usual targets such as alcohol and tobacco.

More to cuts than closing the toilets

WHEN the Education minister said that the requirement to cut £7.3m. from its budget over the next two years would stretch the department, it was something of an understatement – not least because it has significantly to improve the delivery of education in the wake of the GCSE debacle.

Deficit shrinks to £24m.

GUERNSEY'S new States will have to deal with a budget deficit of £24m. left by its predecessor, accounts released this morning reveal.

Opinions divided on stamp duty change

Chancellor George Osborne during his Budget speech yesterday. (Picture by PA Wire/Press Association Images)

LOCAL tax experts appeared uncertain yesterday as to how much the island might be impacted by UK Chancellor George Osborne’s attack on avoidance of Stamp Duty Land Tax.