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Jersey 2022 Budget Law Adopted in States Assembly

29 December 2021

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Approved Changes

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Jersey

The Jersey States Assembly has published the Finance (2022 Budget) (Jersey) Law 202-, which was adopted by the States Assembly on 17 December 2021 and is currently pending sanctioning and registration by the Royal Court. Although pending, Jersey has also published the Act declaring that the 2022 Budget Law has immediate effect as if it had been sanctioned and registered. The final articles and measures of the law are generally in line with the draft as previously reported, with a few adjustments. Measures include: The standard rate of income tax for 2022 is set at 20%; New provisions are introduced...