Tag Archives: budget

Higher taxes for the highest earners: tough budget makes unpopular decisions ‘for the many, not the few’

A higher rate of income tax has been introduced on St Helena as part of a tough Budget that has caused “disquiet” for some. But Financial Secretary Colin Owen said it was a Budget for the benefit of the many, … Continue reading

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St Helena’s Budget – in figures

New higher rate of 31% tax on all income over £25,000 from 1 April 2015. Basic income tax rate rises by 1% to 26%, from 1 April. Personal tax allowance stays at £7,000. Companies’ income tax paid remains at 25%. … Continue reading

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Drinks tax does little for Dr Corinda Pepper…

St Helena’s councillors are sharing the pain when it comes to tax on alcohol. “Everyone enjoys a good beer or a glass or wine and I declare my interest,” the Hon Brian Isaac told LegCo. “Saints are known to enjoy … Continue reading

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DFID sets aside £19.4 million – including child abuse cash

The UK’s Department for International Development is giving St Helena £1.2m of new money for safeguarding of children and adults. The announcement came as a team from the UK neared the end of two weeks on the island, investigating alleged failures to deal … Continue reading

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St Helena shows UK the way with fizzy drinks tax

St Helena appears to be showing Britain the way to tackle obesity, by introducing a sugar tax. A levy on high-sugar drinks was announced in the island’s budget in the very month that England’s chief medical officer warned that the … Continue reading

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Jobs for island contractors after years of under-spending

Island businesses are being asked to help with a backlog of “challenging” work to improve infrastructure on St Helena – such as roads and buildings. It follows a rebuke in early 2012 by aid advisers over delays in spending several … Continue reading

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