Amended Jersey General Licence (Repayments of Professional Fees - Payments To Revenue Authorities)

​​1. On 5 December 2024 the Minister for External Relations (the “Minister") issued General Licence (Repayments of Professional Fees – Payments to Revenue Authorities) – RUSSIA/JSY/2024/2  (the “Jersey General Licence") which revokes and replaces General Licence (Payments to Revenue Authorities) - INT/JSY/2024/1 (the “Revoked Licence").

2. Any payments owed by or due from a ​designated person (“DP") to Revenue Jersey, either at the point of, or after, their designation, including tax, duty, social security contributions, penalties or interest are now permitted pursuant to the “exception from prohibitions for required payments" provision contained in the relevant UK Autonomous Sanctions Regulations (as defined in UK General Licence INT/2024/4881​897) (the “Exception"). See, for example, Regulation 58A of the Russia (Sanctions) (EU Exit) Regulations 2019.

3. These Exceptions have been added following changes made by the Sanctions (EU Exit) (Miscellaneous Amendments) (No. 2) Regulations 2024, which came into force today.

4. The Jersey General Licence authorises a DP or a person acting on behalf of a DP pursuant to the Exception to make payment of reasonable professional fees, which must not exceed £2,500 (and associated disbursements) for the provision by accountants or other equivalent service providers of services relating to the preparation of documentation necessary for, and submission of, tax returns.

Reporting requirements 

5. Those who rely upon the Jersey General Licence must report to the Minister within 10 working days of making a permitted payment, with details of the payment and the supporting evidence, as set out in paragraph 7 of the Jersey General Licence. Reports should be submitted to sanctions@gov.je.

6. It is the responsibility of any party using a Jersey General Licence to ensure the activities they undertake fall within the terms of the licence and that they comply with any of its conditions. 

7. As is the case with specific licences, a person commits an offence and is liable to imprisonment for a term of 5 years and to a fine, if the person purports to act under the authority of a Jersey General Licence but fails to comply with any condition to which the licence is subject.

Further information

8. Find more information on sanctions on the Gov.je or Jersey Financial Services Commission (JFSC) websites.   

9. A copy of the UK Autonomous Sanctions Regulations can be obtained from legislation.gov.uk.

10. The UK Sanctions List on GOV.UK

11. The UK Office of Financial Sanctions Implementation Consolidated List on GOV.UK

Enquiries

12. Non-media enquiries, sanctions compliance reporting, and licence applications should be emailed to the Financial Sanctions Implementation Unit at sanctions@gov.je. ​​