• Jersey Tax Features

  • Taxable Basis
    Jersey tax resident companies are taxed on their worldwide income whereas non-Jersey tax resident companies are taxed only on income generated in Jersey

    Taxable Period
    Calendar year

    Corporation Tax Rate(s)
    0% except for financial services companies (10%), utility companies (20%) and income from immovable property (20%)

    Ordinary Tax Losses
    Can be carried forward indefinitely. No carry back

    Capital Gains
    Not taxable

    Capital Gains Tax Rate(s)
    0%

    Capital Losses
    Not tax-deductible since capital gains are not taxable

    Stamp Duty
    Yes

    Capital Duty
    No

    Other Taxes
    N/A

    VAT
    Yes (Goods & Services Tax)

    VAT Standard Rate
    5%

    VAT Reduced Rate(s)
    0%

    VAT Registration Threshold
    £300,000

    VAT Filing & Payment
    Quarterly

Compare Jersey to other jurisdictions and see the difference in corporation tax rates, tax residency requirements, VAT rates, capital gain taxes, etc.

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