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Island-wide Rate Figure for 2020

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STATES OF JERSEY

ISLAND-WIDE RATE FIGURE FOR 2020

Presented to the States on 20th July 2020 by the Comité des Connétable s

STATES GREFFE

2020  R.74

2

REPORT

The Island-wide rate for 2020 has been determined in accordance with the COVID-19 (Rates) (Jersey) Regulations 2020.

The  2020  Annual   Island-wide  Rate  Figure  (AIRF)  is  the  2019  figure  of £13,286,384.

In accordance with the Rates (Apportionment) (Jersey) Regulations 2006, 55% of the AIRF is to be met from the domestic rate and 45% of the AIRF is to be met from the non-domestic rate.

The rates are determined by dividing the sum to be raised between the number of quarters assessed on domestic property (c. 994 million quarters) and on non- domestic property (c. 570 million quarters). The rates will therefore be 0.74 pence per quarter for domestic ratepayers (the same as in 2019) and 1.05 pence per quarter for non-domestic ratepayers (the same as in 2019).

R.74/2020