The Jersey government has announced the Government Plan 2022-2025, which includes the following budget proposals for 2022:
- An increase in the personal income tax exemption threshold to JEP 16,500 for single persons and JEP 26,500 for married couples/civil partnerships;
- An increase in the second earners' allowance to JEP 6,500;
- Excise duty increases, including:
- a 9.5% increase in the duty on tobacco products, with the exception of cigars and hand-rolling tobacco, which will be subject to a 1…