General notice for delivery of returns
Delivery of returns in pursuance of notices - Article 16 of the Income Tax (Jersey) Law 1961
The Comptroller of Revenue ("the Comptroller") gives notice that every person chargeable under the Income Tax (Jersey) Law 1961 ("the Income Tax Law") who has not already delivered a return for the year of assessment 2023 is required to prepare and deliver a true, complete and correct return. The return is required to contain the amount of the profits or gains arising to that person from each and every source chargeable according to the respective Schedules and calculated for the year of assessment 2023 in accordance with the provisions of the Income Tax Law.
The Comptroller also gives notice that every company incorporated in Jersey is required to deliver a return for the year of assessment 2023 containing such information as the Comptroller requires.
A company is required to deliver an Article 16 return electronically for the year of assessment 2023 to the Comptroller by midnight on Saturday 30 November 2024.
Anybody other than a company delivering an Article 16 return electronically for the year of assessment 2023, is required to deliver the return to the Comptroller by midnight on Wednesday 31 July 2024.
A person delivering an Article 16 paper return for the year of assessment 2023, is required to deliver the return to the Comptroller by midnight on Friday 31 May 2024.
By concession, an Article 16 paper return for the year of assessment 2023 delivered by a person in respect of a trust, an estate or an individual who is non-resident, may be delivered to the Comptroller by midnight on Wednesday 31 July 2024.
Furthermore, by concession, an individual who has a tax agent, approved by the Comptroller, who is unable to file online may deliver a paper return for the year of assessment 2023 to the Comptroller by midnight on Wednesday 31 July 2024.
Delivery of returns by persons acting for others - Article 17 of the Income Tax (Jersey) Law 1961
The Comptroller also gives notice that any person(s) acting in any character on behalf of any incapacitated person or persons absent from or not resident in Jersey who, by reason of such incapacity, absence or non-residence, cannot be personally charged under the Income Tax Law is required to deliver to the Comptroller a return for the year of assessment 2023. The return is required to contain particulars of the amount of the profits or gains chargeable to tax for the year of assessment 2023 on the persons acting on behalf of the other person.
Where two or more persons are liable to be charged for the same person, only one statement is required to be delivered, which may be made by them jointly or by any one or more of them.
A person delivering under Article 17 is subject to the same time limits as those delivering a return under Article 16.
Delivery of partnership statements – Article 20E of the Income Tax (Jersey) Law 1961
The responsible partner of any partnership is required to notify the Comptroller as to whether it is a relevant partnership.
All partnerships are required to provide the information on the combined return in respect of their economic substance position. This is to be made through the Partnership Combined Notice.
The Comptroller gives notice in respect of a relevant partnership that the responsible partner is required to provide information where any partner of the partnership is in relation to income of the partnership:
- chargeable to Jersey income tax at a rate above 0%
- chargeable to Jersey income tax at a rate of 0% and a Jersey resident individual holds a greater than 2% direct or indirect beneficial interest in that partner
The information required is information in relation to the financial activities of the partnership and the identification, and profit share, of any partner meeting either point above.
A responsible partner is required to make the return under Article 20E, by completing and submitting the Partnership Combined Notice by midnight on Saturday 30 November 2024.
Returns of information by companies - Article 20B of the Income Tax (Jersey) Law 1961
Notice is given by the Comptroller that every company regarded as resident in Jersey is required to return their financial statements of the company, which have been approved by the directors.
Furthermore, notice is also given that any non-resident company which has a permanent establishment in Jersey is required to return their approved financial statements of the permanent establishment.
A company is required to deliver the return under Article 20B of the Income Tax Law to the Comptroller by midnight on Saturday 30 November 2024.
Returns of information by foundations - Article 20D of the Income Tax (Jersey) Law 1961
The Comptroller gives notice that a foundation is required to deliver a true, complete and correct return to the Comptroller for the year of assessment 2023 containing such information as the Comptroller requires.
The Comptroller requires a foundation to return its financial statements showing the profits or gains of the foundation.
A foundation delivering a return electronically is required to deliver the return to the Comptroller by midnight on Wednesday 31 July 2024.
Returns of information by limited liability companies - Article 135C of the Income Tax (Jersey) Law 1961
The Comptroller gives notice that every Jersey limited liability company (LLC) is required to deliver a true, complete and correct return to the Comptroller for the year of assessment 2023.
The secretary of an LLC is required to make a return under Artice 135C of the Income Tax Law and to do so by submitting the relevant LLC sections of the Partnership Combined Notification by midnight on Saturday 30 November 2024.
The Comptroller gives notice in respect of LLCs that the secretary is required to provide information where any member is in relation to income of the LLC:
- chargeable to Jersey income tax at a rate above 0%
- chargeable to Jersey income tax at a rate of 0% and a Jersey resident individual holds a greater than 2% direct or indirect beneficial interest in that member
The information required is information in relation to the financial activities of the LLC and the identification, and profit share, of any member meeting either point above.
All LLCs are required to provide the information on the combined return in respect of their economic substance position. This is to be made via the Partnership Combined Notification.
Requirement to file a return electronically online - Article 21(3) of the Income Tax (Jersey) Law 1961
The following entities which are required to deliver a return either following a notice served on them or by the general notice for the year of assessment 2023 must do so by using the corporate electronic online return:
- companies
- foundations
- unincorporated bodies or associations or co-operatives chargeable to tax
Submit a corporate return online
Relevant partnerships and LLCs that are required to deliver a return either following a notice served on them or by the general notice the Income Tax Law for the year of assessment 2023 must do so by using the Partnership Combined Notification electronic online return.
Submit a Partnership Combined Notification online
Other notification requirements for corporate bodies
Duty of body corporate to notify Comptroller of certain matters - Article 123AA Income Tax (Jersey) Law 1961
It is a requirement of Article 123AA of the Income Tax Law for a body corporate to notify the Comptroller if the body corporate:
- becomes resident in Jersey
- is a company becomes regarded as resident under Article 123(1)(b) of the Income Tax Law
- acquires a source of income which could give rise to the body corporate being liable to tax in Jersey
Within 6 months of a body corporate meeting any of the conditions 1 to 3 above, the body corporate is required to give notice in writing to the Comptroller of certain information.
Where a body corporate is required to notify the Comptroller, the notification must include all the information as required by paragraphs (2) to (5) of Article 123AA of the Income Tax Law.
Failure by a body corporate to comply with the requirement to notify the Comptroller may result in a penalty of up to £3,000.
Foreign corporate body notification
General information on penalties
Penalties for late delivery of an Article 16 return - Articles 17A and 20B of the Income Tax (Jersey) Law 1961
Where a return, required to be delivered under Article 16 of the Income Tax Law by a person (other than a body corporate), is not delivered by the specified time (indicated above), the Comptroller may impose a penalty of up to £300. If the return is not delivered within a further 3 months of the specified time, the Comptroller may impose additional penalties of up to £50 for each month the return remains undelivered, for a maximum of 9 months.
Where a return, required to be delivered under Article 16 or Article 17A of the Income Tax Law by a body corporate, is not delivered by the specified time (indicated above), the Comptroller may impose a penalty of £300. If the return is not delivered within a further 3 months of the specified time, the Comptroller may impose additional penalties of £100 for each month the return remains undelivered, for a maximum of 9 months.
Where a return, required to be delivered by the responsible partner under the provisions of Article 20E of the Income Tax Law is not delivered by the specified time, the Comptroller may impose a penalty of £300. If the return is not delivered within a further 3 months of that date, then the Comptroller may impose additional penalties of £100 for each month the return remains undelivered up to a maximum of 9 months.
Penalty for late delivery of an Article 20C return - Article 17A of the Income Tax (Jersey) Law 1961
Where a return, required to be delivered under Article 20C of the Income Tax Law (benefits-in-kind), is not delivered by midnight on Monday 15 January 2024, the employer is liable to a penalty of £300. If the return is not delivered within a further 3 months of that date, then the employer may also be subject to an additional penalty of £100 for each month that the return remains undelivered to the Comptroller up to a maximum of 9 months.
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