Income tax in Jersey

stevefen23

Hi guys i'm after some advice if anybody can help.Myself and my girlfriend has the offer of jobs on the Island of Jersey but i'm struggling to get my head round the income tax calculations.Is it less tax than the uk? I think the uk is 32% inc national insurance but i dont think Jersey has that.We are not married but have 1 baby,i'm hoping to earn around £40k give or take and i'm hoping the girlfriend would earn around £12000 part time.Can anybody help and tell me roughly what our take home wages would be? Many Thanks,Steve

00ec25

google not working for you???
read this
http://www.gov.je/TAXESMONEY/INCOMETAX/Pages/default.aspx

stevefen23

Thanks but i've read that page a hundred times

00ec25

you pay the lower of the 20% rate or the marginal rate
easily understood here
http://www.gov.je/TaxesMoney/IncomeTax/Individuals/AllowancesReliefs/Pages/MarginalCalculation.aspx


note you also pay 6% social security capped at £221.16 (2011 rate) for employees (self employed pay more )
http://www.cab.org.je/index.php?option=com_content&task=view&id=91

stevefen23

Excellent,thanks for the links,the second one is very informative.

Grumpygit

That's quite complicated lol

They also have GST over there (a form of vat) and housing is expensive. Also being an island, it will cost you a lot to get back home which will be weather dependent ie fog, high seas.

I don't live in jersey but Guernsey so will have some of the same issues but I would rather live I our islands than the uk.

Pennywise

In stark contrast to the HMRC in the UK, the Jersey tax office is very helpful and efficient. Very quick to do year end calculations and instead of just sending an impersonal tax demand/repayment notice, they actually send you a personalised letter explaining exactly what's happened and why. They're also brilliant on the phone - don't hesitate to give them a ring if you have any queries - they won't fob you off or tell you rubbish.

DevCoder

Bear in mind that anyone offering you a job in Jersey has to use one of their limited "licenses" up unless you are in a job of "high demand" (doctors etc).

But what Pennywise says is true, it isn't true PAYE but ITIS where you pay in arrears and they recalculate your ITIS rate when you submit your tax form. So your ITIS rate constantly fluctuates as you either over or underpay each year.

Bear in mind we are an island of 9x5 miles, if you aren't used to it (i.e. you're used to city or major population life) then it can be very hard to adjust.

What industry are you being offered jobs in?

stevefen23

Cheers guys great advice. I'm a car mechanic and the other half is a barber,not sure how in demand these trades are there is a lack of brand specific mechanics all over the uk.

John_Pierpoint

Is it possible that car owners in the channel islands make sure they get their servicing done on a "day" trip to UK/France?

The Channel Islands (are/used to be?) a dodge for marketing unsellable cars: export them to the islands and have them used as "hire cars" during the summer season, then flog then off back in the UK with what looked like "demonstration" mileage on the clock. I'm not sure how the car taxation rules work on Channel Island imports these days. The real objective was to avoid admitting to new car discounts in the UK and thus "spoiling" the new car market.

[Any news on HMRC's unilateral revocation of the £15 concession for import duties on parcels from the islands back in April?]

I was given a lift, once upon a time, from Weymouth by an appliance repair man, who had been chucked out of the islands (can't remember which one) when his work permit renewal was refused, along with a load of illegal immigrants. He was not a happy bunny.