Treasury Minister Allays Fears of Job Cuts Following Business Tax Review

Fears Businesses Will Leave Island If Zero/10 Taxation is Altered

The Treasury Minister has commented on the potential for job losses as an outcome of the business tax review.

It comes following fears of a change to the zero/10 taxation regime and the potential negative knock ons such a change could have.

Treasury Minister Anne Craine has said it’s still far too early in the process to speculate whether the current system will be amended.

She went onto say that whatever the outcome the Island will still strive to maintain its status as a leading international business centre.