Jersey's tax laws 'no longer fit for purpose'

Jersey's tax laws are "no longer fit for purpose" according to a scrutiny report, released today.

Many of the current tax laws date back to 1961 and the Government has drafted an updated law.

The Corporate Services Scrutiny Panel are concerned that there's been "piecemeal" progress on tax reform, and rather than changing the whole tax system at once, they're doing it in parts.

They're calling on the treasury minister that a clear timeline needs to be put in place on how the law will be implemented.

The draft law is due to be debated on 26th February.