Monday 18th November 2024
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Comsure operates in:the UK, Jersey, Guernsey

Jersey Finance – Guidance notes for abusive tax schemes

Last year, the Chief Minster, Senator Ian Gorst issued a statement clarifying that Jersey has no desire or need to engage with those who seek to involve the island in aggressive tax planning schemes to avoid UK tax.

This approach echoes the UK Government’s commitment, recently reiterated during the General Election, that they would be taking significant measures to deter and prevent such schemes. As Jersey does not wish to be associated with abusive tax schemes, the island fully endorses the UK in achieving these ambitions.

Jersey Finance supports the Government of Jersey’s position and to assist you as one of our members in aligning with these principles, we have prepared supplementary Guidance Notes.

These Guidance Notes were developed collaboratively between industry and Jersey Finance, with the Heads of the Trade Associations representing their respective industries, participating in the working group and proposed content.

Reputation management is at the core of what we do and we consider any action to demonstrate our members’ commitment to Government policy a key part of our core credentials.

 


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