On 4 November 2020, the Jersey government announced that the States Assembly has approved the change to the Current Year Basis of Paying Tax for all taxpayers.
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PYB proposition approved by States Assembly
States Members have today approved the amendment law to enable Prior Year Basis (PYB) taxpayers to be moved to Current Year Basis (CYB) from next year.
Members voted 41 in favour of the proposition, two against and there was one abstention.
PYB taxpayers do not need to take any act…