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Jersey Issues Draft 2015 Budget

|Proposed Changes|Jersey
Jersey

On 18 July 2014, Jersey presented its draft 2015 budget. The main proposals of the draft budget include:

  • Maintaining the Marginal Rate at 26% for 2015
  • Increasing all tax exemption thresholds by 1.7%
  • Reducing the stamp duty on the cost of borrowing on lower value properties (Nil for the first £300,000 then 0.25% on the balance up to a maximum property cost of £400,000)
  • Increasing the stamp duty…

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