Monies written off through bankruptcies or in voluntary liquidation (FOI)Monies written off through bankruptcies or in voluntary liquidation (FOI)
Produced by the Freedom of Information officeAuthored by Government of Jersey and published on
25 November 2024.Prepared internally, no external costs.
Request
Please provide details of the amounts written off for each of ITIS, social security contributions and GST due to businesses being declared bankrupt or in voluntary liquidation for each of the last five years. Thank you.
Response
The debts below remain unpaid by businesses who have declared bankrupt or insolvent in the following years.
| ITIS (£) | Social Security (£) | GST (£) |
2020 | 21,345
| 115,892 | 191,489 |
2021 | 13,059 | 19,598 | 82,103 |
2022 | 0 | 5,187 | 76,727 |
2023 | 926,307 | 979,945 | 1,146,012 |
2024 | 1,239,843 | 748,766 | 689,836
|
As the insolvency process can take several years to complete all debts may not have been written off yet and it is our practice to submit claims to the Viscount/liquidator.