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Income Tax (Amendment - Stage 2 of Independent Taxation) (Jersey) Law 202-

A formal published “Ministerial Decision” is required as a record of the decision of a Minister (or an Assistant Minister where they have delegated authority) as they exercise their responsibilities and powers.

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A decision made 5 June 2023:

Decision Reference:  MD-TR-2023-352

Public

Subject: Lodging of Draft Income Tax (Amendment – Stage 2 of Independent Taxation) (Jersey) Law 202-

 

Report Title: Independent Taxation in Jersey

Public

Decision(s):

The Minister decided to approve the lodging of the Draft Income Tax (Amendment – Stage 2 of Independent Taxation) (Jersey) Law 202-

Reason for Decision(s):

The Draft Law introduces mandatory independent taxation from 2025. All spouses and civil partners would be responsible for their own tax affairs. The draft law also contains the compensatory allowance to mitigate any financial impact. Full details are provided in the accompanying Written Report.

Resource Implications: By itself, this decision would have no resource implications.

 

Action Required: The Greffier of the States to be requested by the Head of Financial Governance to arrange for the Law to be lodged ‘au Greffe’ by 6 June 2023 for the States sitting that commences on 18 July 2023.

Signature:

 

 

Signed By: Assistant Minister for Treasury and Resources

Date Signed: 05/06/2023

 

 

Date of Decision (If different from Date Signed):

 

 

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