On 24 September 2014, Jersey's Finance Law implementing changes included in the 2015 budget entered into force. Main aspects include: The marginal Rate is maintained at 26% for 2015 Tax exemption thresholds are increased by 1.7% Stamp duty on the cost of borrowing on lower value properties is reduced (Nil for the first £300,000 then 0.25% on the balance up to a maximum property cost of £400,000) The stamp duty payable on purchasing residential property costing £1 million or more is increased on a rising scale Mortgage interest tax relief is capped at £15,000 In addition to these measures, certain...