Jersey has published the Finance (2021 Budget) (Jersey) Law 2021, which was registered by the Royal Court (enacted) on 30 April 2021. As previously reported when the Budget Law was adopted by the States Assembly in December 2020, the articles and measures of the law regarding income tax are as follows: Article 1 – Sets the standard rate of income tax for 2021 at 20%. Article 2 – Standard interpretation article stating that Part 1 of the Budget Law amends the Income Tax (Jersey) Law 1961. Article 3 – Extends the JEP 50 monthly penalty for late delivery of a...