Thursday 15 March 2012
The States of Guernsey has issued the following statement in response to today's High Court decision on the lawfulness of the removal of Low Value Consignment Relief in respect of the Channel Islands
A States of Guernsey spokesman said:
"The States of Guernsey is disappointed that the Court held that the HM Treasury proposal to remove LVCR completely in respect of the Channel Islands only is lawful. The States of Guernsey will consider its response, and also continue to work towards mitigating the effects of the HM Treasury decision.
"The various departments of the States of Guernsey have been working hard to address the issues surrounding the removal of LVCR and further statements on this matter will be made once we have had an opportunity to examine this afternoon's outcome in detail".
Deputy Carla McNulty Bauer, Minister for Commerce and Employment, said:
"I'm very disappointed with the outcome of the Judicial Review. It could well have a major impact on jobs and the economy of the Channel Islands. Over the coming days we will be making contact with industry, following on from a series of meetings we've had with many of the main businesses, in order to ascertain what their plans are now that the decision has been reached. Of course Commerce and Employment will continue to do what it can to assist the industry and mitigate the effects of the HM Treasury decision. We will be able to say more when we've had time to fully analyse and digest the written judgement."
Philip Henderson, External Affairs Officer
Tel: 01481 717131