Jersey Announces Deferral of GST Import Exemption Threshold, Tax Debt Interest Rates Due to Coronavirus

The Jersey Government June 23 announced the deferral of the GST import exemption threshold reduction and tax debt interest rate due to the coronavirus pandemic. The announcement includes deferrals to: 1) Oct. 1 from July 1 for the GST import exemption threshold reduction to 135 British pounds (US$169) from 240 pounds (US$200); and 2) Jan. 1, 2022, for charging simple interest on tax debts incurred after Jan. 1, 2021. [Jersey, Government Portal, 06/23/20]

Reference:
View Announcement.