Guernsey Press

Population laws were ‘well overdue’ – GSCCA

GUERNSEY’S accountancy profession has broken the trend of unhappy industry sectors in actually welcoming the island’s new population management regime.

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Debbie Smith, president of the Guernsey Society of Chartered and Certified Accountants, addresses its annual dinner.

Debbie Smith, president of the Guernsey Society of Chartered and Certified Accountants, said at its annual dinner that the new laws were ‘well overdue’.

Accountants have long been concerned that individuals who come to the island on licence for training contracts have had to leave after five or seven years, and often have gone to Jersey to continue their careers, which Mrs Smith described as ‘a huge source of past frustration’.

The new law has left the profession ‘in a much stronger position to attract and retain talent’, she said.