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Amendment to the draft Customs and Excise (Amendment No. 5) (Jersey) Law 200-

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A decision made (17.03.08) to change the commencement date of the draft Customs and Excise (Amendment No. 5) (Jersey) Law 200-

Decision Reference:  MD-TR-2008-0040

Decision Summary Title:

Amendment to the Draft Customs and Excise (Amendment No. 5) (Jersey) Law 200-

Date of Decision Summary:

12th March 2008

Decision Summary Author:

David Nurse - Director Customs and Excise

Decision Summary:

Public or Exempt?

Public

Type of Report:

Oral or Written?

Written

Person Giving

Oral Report:

 

Written Report

Title:

Amendment to the Draft Customs and Excise (Amendment No. 5) (Jersey) Law 200-

Date of Written Report:

12th March 2008

Written Report Author:

David Nurse - Director Customs and Excise

Written Report :

Public or Exempt?

Public

Subject: 

Change of the commencement date of the Draft Customs and Excise (Amendment No. 5) (Jersey) Law 200-

 

Decision(s):

The Minister for Treasury and Resources approved the amendment to the draft Customs And Excise (Amendment No.5)(Jersey) Law 200- and instructed that the amendment be lodged au Greffe.

 

Reason(s) for Decision:

To change the commencement date of the Draft Customs and Excise (Amendment No. 5) (Jersey) Law 200- to 6th May 2008, allowing Vehicle Emission Duty to commence at the same time as the introduction of GST.

 

Resource Implications:

This decision has no resource implications.

 

Action required:

The draft Customs And Excise (Amendment No.5) (Jersey) Law 200-: Amendments to be forwarded to the States Greffe by the Business Manager, Treasury and Resources Department.

 

Signature:

 

 

 

 

Position: Senator T A Le Sueur, Minister for Treasury and Resources

 

                 

 

Date Signed: 17th March 2008

Date of Decision: 17th March 2008

 

 

 

 

 

Amendment to the draft Customs and Excise (Amendment No. 5) (Jersey) Law 200-

 

Amendment to the Draft Customs and Excise (Amendment No. 5) (Jersey) Law 200-

 

 

The Minister for Treasury and Resources is to bring legislation before the States Assembly to allow for a replacement for Vehicle Registration Duty, to commence at the same time as the introduction of GST.

The Draft Customs and Excise (Amendment No. 5) (Jersey) Law 200- will amend the Customs and Excise (Jersey) Law 1999 so as to substitute paragraph 8 of Part 2 of Schedule 1 to that Law. Paragraph 8 sets out the rate of excise duty payable upon the registration of a motor vehicle. The substituted paragraph contains a new provision for the rate of duty to be determined according to a vehicle’s established CO2 emissions.

For “light passenger vehicles” (vehicles designed and constructed for the carriage of passengers and comprising no more than 8 seats in addition to the driver’s seat), registered on or after 1st March 2001, the duty liability will be calculated with reference to the vehicles established CO2 emission data; for all other vehicles or vehicles without established CO2 emission data the duty liability will be calculated with reference to engine size.

The new duty will be called Vehicle Emission Duty or VED.

Although the States has agreed (on 7th November 2007) to the introduction of the Goods and Services Tax (Jersey) Law 2007 from 1st May 2008, several retailers have expressed the view that the introduction in the middle of a week may cause difficulties.

Mindful of this, and recognising that 5th May 2008 is a public holiday, the Minister for Treasury and Resources is now proposing that the Goods and Services Tax (Jersey) Law 2007 should come into force on 6th May. This will allow the retailers the weekend in which to implement any changes and to erect any relevant signage

This amendment will change the commencement date of the Draft Customs and Excise (Amendment No. 5) (Jersey) Law 200- to 6th May 2008 and will allow VED to commence at the same time as the introduction of GST.

There are no financial or manpower implications for the States arising from this amendment.

 

 

David Nurse

Director, Customs and Excise

12th March 2008

 

 

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