Tag Archives: tax

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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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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Extra £1.4 million is proposed to boost health and schooling

Nearly one and a half million pounds of extra funding will pumped into St Helena to improve health care and education, if UK ministers accept proposals from the 2013 aid mission to the island. That is on top of £12 million … Continue reading

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Customs cheats are hurting fellow islanders, says Peter

People who try to dodge customs duties at the wharf in Jamestown are cheating other islanders, says the man in charge of preventing tax fraud. And he has a warning for those who try: “You will get caught.” Peter Henderson has returned … Continue reading

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