Jersey has published the Finance (2021 Budget) (Jersey) Law 202-, which was adopted by the States Assembly on 17 December 2020 and is currently pending sanctioning and registration by the Royal Court. The final articles and measures of the law are generally in line with the draft as previously reported, with a few adjustments: Article 1 – Sets the standard rate of income tax for 2021 at 20%. Article 2 – Standard interpretation article that Part 1 relates to the Income Tax (Jersey) Law 1961. Article 3 – Extends the JEP 50 monthly penalty for late delivery of a return...