OrbitaxOrbitax

Jersey Proposals to Cut Employee Social Security Contributions by 2% and Change All Taxpayers to the Current Year Basis of Paying Tax

|Proposed Changes|Jersey
Jersey

The Jersey Government has announced a proposal by Assistant Social Security Minister, Deputy Scott Wickenden for a cut in employees' social security contributions by 2%, which will be debated by the States Assembly in September. If approved, the 2% cut in rates will apply from 1 October 2020 until 30 June 2021.

The Jersey Government has also announced a proposal by Treasury and Resources Minister, Deputy Susie Pinel to accelerate the plan to put all taxpayers onto the Current Year Basis (…

Continue reading with a Pro Subscription

Unlock full Orbitax Tax News content, including a historical database of tax news, alerts, and analysis from our network of tax experts, all tailored to your company footprint. Now includes Orbitax XatBot AI Tax Assistant.

Free trial available. Cancel anytime. Free Orbitax account required.

Already a Pro or Pro+ subscriber? Sign in to Orbitax to continue reading.