Offshore Review: How will the Budget impact the Channel Islands?

He spoke for an hour to bill this as a Budget for growth, which was fiscally neutral and with a promise to help families. There were a wide range of initiatives announced which are intended to strengthen the UK economy, encourage growth and make it a more competitive place to do business. The Islands should encourage these aims as we benefit from a strong UK economy. But which aspects of the Budget have a specific relevance to us in the Channel Islands? There was, in advance of the Budget much talk about the possible scrapping of VAT low value consignment relief (LVCR). It was not a g...