In Jersey, both individuals and companies obtain tax relief on payments of interest (other than bank interest), annuities, royalties and other annual payments by deducting and retaining tax at the standard rate when making payment.

The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.

For further information contact Jonathan G. Hooley on Tel (indirect line): + 44 (0) 1481 721000, Tel (direct line): +44 (0) 1481 719544, Fax: +44 (0) 1481 722373.