|Department||Treasury and Exchequer|
|Type of consultation||Green paper|
|Deadline for comments||30/08/2010|
About the consultation
Jersey has seen its economy shrink and tax revenue fall, following the worst worldwide recession since the 1930s. This drop in income means the States will face budget shortfalls from this year. To balance the budget we need to review our spending and taxes.
The Council of Ministers has agreed a 3-part plan to bring the budget into balance by 2013:
- control spending - the Comprehensive Spending Review is designed to find real terms savings of £50 million per year by 2013, to construct a more efficient public sector and to control States' budgets
- boost economic growth - by supporting the development of new and existing businesses
- raise taxes - Jersey has invested in areas like the health service, education, and children’s services. To continue paying for these and other services the States may need to raise an extra £50-60 million per year
The Fiscal Strategy Review focuses on part 3 and lists a range of possible changes to personal taxation.
Download Fiscal Strategy Review Green Paper (size 1.73mb)
Download Fiscal Strategy Review: Supporting Research (size 735kb)
How to submit comments to the consultation
We want to know what you think about these options. You can reply by:
- taking the online questionnaire
Take the online Fiscal Strategy Review questionnaire