Updated: The 2016 Jersey/UK Protocol has now entered into force and documents updated to reflect this.
The double taxation agreement entered into force on 24 June 1952 and is effective in Jersey from 1 January 1951.
The agreement is effective in the UK from
- 6 April 1950 for surtax
- 1 April 1951 for profits tax
- 6 April 2015 for Income Tax
The arrangement was amended by exchanges of letters which were signed in 1994, 2009, 2015 and 2016.
The 2015 exchange of letters entered into force on 19 January 2016 and takes effect in Jersey from 1 January 2017.
The amendments take effect in the UK from:
- 1 April 2016 for Corporation Tax
- 6 April 2016 for Income Tax
The 2016 exchange of letters entered into force on 2 December 2016 and takes effect in the UK and Jersey from 16 March 2016.
Tax Information Exchange Agreements
Tax Information Exchange Agreement: Jersey – exchange of information
Bilateral agreement between UK and Jersey for co-operation in tax matters through exchange of information.
Source: HMRC