Independent Taxation - Impact on Revenue (FOI)
Independent Taxation - Impact on Revenue (FOI)Produced by the Freedom of Information office
Authored by Government of Jersey and published on 17 November 2022.
Prepared internally, no external costs.
Independent Taxation-Impact On Revenue - Now that elections have made for 2023 - is the forecast of £4m still the expected loss of Revenue due to the introduction of Independent Taxation?
Approximately 300 couples have elected for independent taxation for 2023. A breakdown of the estimated revenue loss as a result of these elections is not held. Article 3 of the Freedom of Information (Jersey) Law therefore applies.
Current proposals are for independent taxation to be fully implemented no later than 2025, and the forecast cost at that time remains £4m.
Article 3 - Meaning of "information held by a public authority"
For the purposes of this Law, information is held by a public authority if –
(a) it is held by the authority, otherwise than on behalf of another person; or
(b) it is held by another person on behalf of the authority.