Jersey Tax News





Jersey tax relief available in Jersey

August 2023
Marginal relief All income liable to Jersey tax less allowable expenses and pension contributions charged at 20%.
All income liable to Jersey tax less allowable expenses, pension contributions and your tax exemption threshold charged at 26%.

Jersey Hong Kong Tax Treaty

August 2013
The double tax treaty, DTA, which was signed in 2012 entered into force on July 3, 2013 applying from January 1, 2014 in Jersey and from April 1, 2014 in Hong Kong.
The tax treaty includes, inter alia, tax withholding rate of 4% for payment of royalties and zero withholding rate for payment of dividends and interest.

Jersey Singapore Tax Treaty

June 2013
The double tax treaty, DTA, which was signed in 2012 entered into force on May 2, 2013 applying from January 1, 2014.
The DTA includes, inter alia, tax withholding rates of 8% from payment of royalties and 12% from payment of interest.

Jersey GST Increase

May 2011
Starting June 1st the goods and services tax, GST, would increase from the current 3% rate to 5%.
The GST in Jersey is imposed on most of the goods and services supplied and is also payable on import.
Certain supplies such as export or medicines are zero taxed. Finance and insurance activities are exempt from GST.



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