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Updated figures for the number of and the tax raised from 1(1)(k) residents

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WRITTEN QUESTION TO THE MINISTER FOR TREASURY AND RESOURCES BY DEPUTY G.P. SOUTHERN OF ST. HELIER

ANSWER TO BE TABLED ON TUESDAY 15th JULY 2008

Question

Would the Minister provide members with updated figures for the number of, and the tax raised from 1(1)(k) residents?

Answer

The number of 1(1)(k) residents who were liable to Jersey income tax for the year of assessment 2006 is 135.

The amount of Jersey income tax payable for the year of assessment 2006 both personally and through any companies, trusts or settlements in which they have a direct connection is approximately £8 million