MHK lends support to Chief Minister's development tax concerns

Wed, 27 May 2015

The Chief Minister's warning regarding the developers' tax hike is "astonishing".

That's according to Michael MHK Alf Cannan - who says he voted against the move because it made no sense to increase tax on the struggling sector.

It follows news from Allan Bell that the Island has lost major property sales as a result of the rise from 10 to 20 per cent tax.

Mr Cannan explains why he agrees with Mr Bell: