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Jersey Extends Payment Plan Dates for Frozen 2019 Tax Bill of Former Prior Year Basis Taxpayers

09 May 2024

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Approved Changes

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Jersey

Jersey has published the Income Tax (Payment of 2019 Liability) (Jersey) Amendment Regulations 2024, which extends the deadlines for the installment option for the payment of the frozen 2019 tax bill of former Prior Year Basis (PYB) taxpayers. As previously reported, the 2019 tax bill was frozen as part of changes approved in 2020 to move all PYB taxpayers to a Current Year Basis. Three options were provided for the payment of the 2019 tax bill, including a payment plan agreement option requiring the payment of 2019 tax bill installments over a period of up to 17 years beginning in...