Jersey: Introduction of 5% GST was postponed to July 2023

Spread the love

The States Assembly of Jersey agreed to postpone the introduction of a 5% GST rate under the GST law to 1 July 2023. It was initially planned to enter into force on 1 January 2023. The Minister for Treasury and Resources reconsidered implementing it on the 2023 Budget.


As a result, businesses will have more time to update their systems and adhere to the rules. The GST de minimis amount will stay at GBP 135 until 1 July 2023, and then, it will be reduced to GBP 60. Furthermore, the Government will impose a mandatory registration threshold of GBP 300,000 on non-resident businesses.



Source: gov.je

Follow us on LinkedIn to keep up with the latest VAT news

Join us!

Subscribe to our monthly newsletter


Get the latest VAT information directly in your inbox and stay up to date with all VAT developments around the world.

You have Successfully Subscribed!