Treasury Minister says VAT survey works are progressing well
Publication Date: Mon, 22 Jul 2013 10:34
Work is underway to determine how much the Island will receive in future VAT revenue from the UK.
The Treasury is half way through a data collection exercise which is looking at household income and expenditure.
Later this month it will start a similar process for the company sector – asking businesses to provide a breakdown of their figures relating to revenue and costs.
Minister Eddie Teare told us why the work is so important:
Media
Treasury Minister Eddie Teare
