The Jersey government has published a 2024 budget tax summary covering the main tax changes approved as part of Finance (2024 Budget) (Jersey) Law 202- in December 2023.
Personal income tax amendments
Increases in personal income tax thresholds, allowances, and relief:
- Standard exemption threshold - JEP 20,000 (up from JEP 18,550)
- Married exemption threshold - JEP 32,050 (up from JEP 29,750)
- Second earner's allowance - JEP 7,950 (up from JEP 7,350)
- Child allowance - JEP 3,700 (up from J…