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Jersey Publishes Proposed Government Plan for 2020-23 Including 2020 Budget Measures

30 July 2019

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Proposed Changes

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Jersey

The Government of Jersey has published its Proposed Government Plan 2020-23, which includes budget proposals for 2020. Tax-related proposals include: An increase in the standard tax exemption threshold from JEP 15,400 to JEP 15,900 for single persons and from JEP 24,800 to JEP 25,550 for married couples / civil partnerships; A reduction in the de-minimis GST threshold on imported goods from JEP 240 to JEP 135; Increases in alcohol, tobacco, and road fuel duties; An increase in the long-term care and social security fund basis earnings cap from JEP 176,000 to JEP 250,000; and An increase in the headline long-term...