Government again responds to GSD on latest Business & Office of Fair Trading Annual report

The Government has again hit back at comments from the GSD on the latest Business and Office of Fair Trading Annual report.

The GSD had pointed to a recently introduced property tax as a contributing factor in declining house sales.

The Government highlights that the tax came into effect on the 1st January this year – which would mean the report predates it.

The tax was announced six months earlier, but the Government says that one would have expected a surge in property transactions during that period, for anyone minded to avoid the tax.

Following a statement yesterday by Minister for Business, Gemma Arias Vasquez, today the Minister for Trade and Industry weighed in.

Nigel Feetham said Gibraltar deserves better than claims that don’t survive a basic fact check.