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Jersey States Assembly Adopts Revenue Administration Law Including New Civil Penalties and Interest Provisions

03 June 2019

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Approved Changes

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Jersey

Jersey has published the Revenue Administration (Jersey) Law 201-, which was adopted by the States Assembly on 21 May 2019 and is currently pending sanctioning and registration by the Royal Court. The Law includes measures to: Establish a new 'Comptroller of Revenue', which replaces the 'Comptroller of Taxes'; Facilitate modernization of tax administration and the introduction of online filing and assessment; Create more civil penalties, which can be used instead of criminal prosecutions when people fail to meet their tax obligations under the Income Tax Law; and Introduce interest charges on late payments and credit interest on refunds. With regard...