Jersey Island Vat

The hmrc website explains.

India cricket jersey font. Jersey channel islands vat refunds. Small business and tax blog. Hence vat in jersey follows a different system.

For goods that remain in jersey the place of supply is jersey. The vat status of the channel islands jersey guernsey etc as they relate to a uk business. This means that luxury goods and services are cheaper in jersey than in the uk and france acting as a perfect incentive to bring you over to the island.

Capital gains tax 7 companies 12 general business 9 income tax 11 property 7 vat 33 top posts. Warning you might fall in love with the islands charm and find it hard to leave. Closing down a company.

Although jersey does not have vat the government of jersey introduced a goods and services tax gst on 6 may 2008 at a standard rate of 3. Whether vat needs to be charged. The channel islands jersey guernsey alderney sark and herm are not part of the uk or the european union for vat purposes.

Imports into eu and sale of goods within eu exceed a certain amount of turnover in any one. The rate was. Where goods are supplied goods in jersey that remain in jersey.

The territory of jersey includes the island itself the off shore islands and reefs and the territorial waters. You can reclaim vat on goods youve brought to jersey in your luggage if the seller has joined the retail export scheme. Low value consignment relief provided the mechanism for vat free imports from the channel islands to the uk until 1 april 2012 at which time this policy of the uk government was binned.

Jersey customs may be requested to verify that high value items have arrived in the island. Services supplied to jersey residents in uk or abroad. A jersey company must register for vat under the following circumstances.

Vat paid on services supplied in the uk or abroad cannot be refunded. A guide for international post users on govuk. Export of goods from the uk on govuk.

While we dont have data on the jersey channel islands vat refund program more info can be obtained from the comptroller of taxes. This means they do not charge vat on purchases but there is a free movement of industrial and agricultural goods in trade between the islands and the union. Many countries allow tourists and others making purchases for export to receive a vat refund on exiting the country or make purchases vat free.

Goods brought to jersey in your luggage. You can zero rate the sale as long as you get and keep evidence of the export. Vat is a tax on goods used in the uk and eu so if goods are exported outside the uk and eu you do not charge vat.

Schedule 3 of the goods and services tax jersey law 2007 on jersey law website.