Jersey Issues Release on Payment Options under Reform to Change All Taxpayers to the Current Year Basis of Paying Tax

On 29 October 2020, the Jersey government issued a release on possible payment options in relation to the tax reform that would remove the prior year basis of paying personal income tax and move all taxpayers on to a current year basis from 2020.

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Draft tax reform payment options announced

Minister for Treasury and Resources, Deputy Susie Pinel, has published more information on possible payment options, ahead of the States Assembly debate on the Prior Year Basis (PYB) proposition nex…