A Guernsey business leader says that upcoming election candidates need to consider how they will save on costs in 2025 to fund £650m in committed spending.

Cost saving measures needed to plug Guernsey's £100m shortfall

Guernsey politicians have agreed to introduce a goods and services tax in the future following four days of debate on the island's 2025 Budget.

States of Guernsey rejects proposed income tax rise but paves way for GST

Guernsey States building on the States annual budget

Guernsey politicians have voted to introduce an amendment to Guernsey's 2025 budget that could see a goods and services tax introduced to the island.

States of Guernsey votes to pave the way for GST

Deputy Lyndon Trott has warned that while an increase in income tax is needed to secure financial stability, it will not be a long-term solution for the island.

Guernsey Chief Minister faces stiff opposition to proposed income tax rise 

The National Farming Union will meet with the Environment Secretary on Monday amid growing anger over the decision to make farms subject to inheritance tax.

Farmers call for inheritance tax U-turn ahead of talks with ministers

St Austell Brewery's Chief Executive Kevin Georgel says the industry is calling on the government for a 'level playing field' on taxes for the industry.

Cornish brewery boss calls on government to stop 'overtaxing' the industry

Grolsch has had its alcohol content slashed to 3.4% alcohol by volume (abv) in the UK amid shrinking sales and discounted tax rules on weaker brews. 

Grolsch drops alcohol content amid sales slump and tax rules on weaker brews

The data was included in a proposed alternative to Policy and Resources' Budget. The amendment has been put forward by Deputy Peter Roffey.

GST would leave islanders 'better off', treasury data suggests

Deputy Peter Roffey has proposed an amendment to Guernsey's 2025 budget that would effectively see GST replace the proposed 2% increase on income tax.

Guernsey politicians propose GST introduction for fourth time

 Chancellor of the Exchequer, Rachel Reeves taking applause after she addressed the Labour Party Conference in Liverpool. Rachel Reeves may need to raise up to £25 billion from tax increases if she wants to keep spending rising with national income, the Institute for Fiscal Studies (IFS) estimates. Issue date: Thursday October 10, 2024.

The IFS warns changing the debt rule inherited from the Conservatives will do “almost nothing” to improve funding for public services.

Up to £25 billion in tax rises may be needed for 'no return to austerity' pledge

From tax hikes to alcohol duty, we break down how proposals for the States of Guernsey budget will affect everyday individuals if approved.

Guernsey Budget 2025: How will proposals affect islanders?

The States of Guernsey has announced its 2025 government budget, which will temporarily hike income tax by 2% for two years.

Guernsey income tax to rise by 2% for next two years

The number of pub closures increased to 80 per month over the first three months of 2024, up by 51% compared with the same period last year.

Pub body calls for beer duty cut amid potential outdoor smoking ban

The total amount owed in council tax arrears has increased by over 70% in the past 5 years, ITV News understands.

Councils referred 600,000 people to bailiffs last year - as tax arrears rise

The prime minister said 'significant progress' could be made towards eliminating National Insurance during the next parliament if the Tories remains in power.

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