Location: Channel Islands EN-GB

Indirect Tax considerations

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Jersey introduced Goods and Services Tax (GST) on 6 May 2008 in Jersey (there is no GST in Guernsey). The initial rate was 3% which was subsequently increased to 5% with effect from 1 June 2011.

Stamp duty is payable in Jersey on all sales and transfers of freehold property and on the grant, assignment and extension of leases for terms exceeding nine years. Document duty is the Guernsey equivalent and is applied on the conveyance of Guernsey property.

We understand that your business may deal with various indirect tax matters. You want to comply and ensure that you mitigate any penalties arising but you want to devote more time to focusing on your core business.

You would like to:

  • Maximise input GST recovery;
  • Attain maximum overall GST efficiencies;
  • Understand any potential pitfalls when selling and transferring a Jersey or Guernsey property; and
  • Obtain the best possible cash flow position.

How we can help you achieve your objectives:

  • We can review your business to ensure it is as efficient for GST purposes as possible;
  • Implement GST planning to minimise irrecoverable GST and maximise cash flow; and
  • Discuss the stamp duty/document duty implications ahead of any transfer of Jersey or Guernsey property.

Request for Proposal

We will be pleased to respond to your invitation and Request for Proposal (RFP). This request and submission form will enable us to route your RFP to the appropriate professional. You will receive a response within one to two business days.

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David Osbourne

Call David to discuss how we can help you.

T: +44(0)1534 755150

DL: +44(0)1534 755106

F: +44(0)1534 755172

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