On Apr. 17, JER States issued law on income tax changes for couples.
JER States adopted the Income tax (amendment - stage 2 of independent taxation) (Jersey) law 202- on Apr. 16, 2024, which amends the Income tax (Jersey) law 1961.
Awaiting dates for approval by order of His Majesty in Council, Royal Court registration.
Follows JER States Mar. 2021 declared plan to tax couples independently, see #99953.
Overview
Adoption of this law marks the final stage in the process of moving away from the outdated system of taxing couples differently depending on marital status.
Transition to independent taxation for people who are married or in a civil partnership.
Allows couples who currently complete one tax return to complete a joint tax return.
Effectiveness
The majority of the law comes into force on Jan. 1, 2025, apart from paragraphs 1(7), 3, 4(4) and 5(6) of schedule 2 which comes into force on Jan. 1, 2026.
