 Jersey's new system is similar to Pay As You Earn in the UK |
Taxpayers in Jersey are to continue paying tax a year after they have earned the income, despite the introduction of a new tax system. The new income tax instalment system is due to come into effect from January next year.
The new system is effectively Jersey's version of a pay-as-you-earn tax.
It will mean people paying tax monthly rather than in a lump sum. Information being sent by the tax office explains how it will be introduced.
People who move to the island from the start of next year will automatically pay their tax for the current year monthly.
But people already living and working in the island will continue to pay their tax the year after they have earned it.
But in the future that will be deducted every month.
One-Minute World News 
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