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Focus on property


Tax and spending proposals being considered are part of a carefully constructed 3-part plan that has been agreed by the Council of Ministers to secure Jersey’s future.


Jersey is facing a deficit of £100 million a year by 2013, because our income from taxes has fallen during the recession while our spending has continued to increase. The Council of Ministers has committed to tackling this deficit by 2013, through a combination of:


1) Cutting costs – by reducing spending and reorganising the public sector.


2) Boosting business – by supporting economic growth and making the most of our revenue from business tax.


3) Reviewing taxes – by analysing and consulting on options for both personal and business tax.


Tackling spending will help to safeguard Jersey’s success for future generations. It is also an


opportunity to modernise the public sector, review the way it is organised and ensure value for money for taxpayers while continuing to provide essential services.


In 2010, for the first time for many years, the Business Plan proposed a real terms drop in spending. Ensuring sustainable public finances was one of the aims of the Strategic Plan – and that means keeping Jersey competitive while living within our means and not adding to inflationary pressures.


We need to reshape and refocus our services to the public using the Strategic Plan objectives as our guide. Our Business Plan begins the process of making fundamental changes to the way we deliver some of our services.


It keeps in mind the current economic situation and proposes changes which will put our financial management on a more sound and transparent footing.


You can find more detail on the Strategic Plan and the Business Plan at www.gov.je/StrategicPlan and www.gov.je/BusinessPlan


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