Gavin St Pier

In yesterday’s article, Deputy Gavin St Pier outlined the long-term pressures on Guernsey’s public finances – two decades of deficits following zero-10, the depletion of reserves, and the demographic forces driving rising health, care and pension costs. Today, he turns to what happens next – the options now under examination: the tax reform package developed by the previous States, and the alternatives being explored of corporate tax reform and expenditure reduction.

In the first of two articles, Deputy Gavin St Pier explains why it is imperative Guernsey undertakes a tax reform sooner rather than later.