CGi urges States to spend pre-GST time wisely

The Confederation of Guernsey Industry has urged the States to use the next couple of years to ‘get their house in order’ before a goods and services tax is set to be introduced in Guernsey and Alderney early in 2029.

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A wide-ranging 3% goods and services tax and new transport taxes are set to be introduced in 2029, along with reductions in income tax and social security contributions. / Guernsey Press

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The CGi has been the most consistent business organisation to campaign against a GST for many years.

It said after Friday’s vote in the States that it was disappointed with the result, and urged the States to look at reducing public spending, to stimulate growth in the economy, and eliminate service backlogs at the Revenue Service and Population Management Office.

Nearly 60 CGi member companies employ some 1,600 employees across multiple sectors.

‘Our view has been consistently against the introduction of GST and we maintain that – but accept the decision has now been made,’ said chairman Garin Dart.

‘There will be a huge number of very disappointed people with real concerns for the future of their business and the people they employ.

‘We urge the States to use the time we have before GST is introduced wisely to ensure it is handled better than past States projects.’

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