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, not the wealthiest few. The highest earners will pay 31% tax on all income over …

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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 British government might have to consider such a measure. But Dame Sally Davies said she …

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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 to cover the ongoing shortfall in St Helena Government’s annual budget. The £12m amounts to a slight …

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