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WRITTEN QUESTION TO THE MINISTER FOR TREASURY AND RESOURCES BY DEPUTY J.H. YOUNG OF ST. BRELADE
ANSWER TO BE TABLED ON TUESDAY 3rd JUNE 2014
Question
Will the Minister provide information on of the number of entities registered for Goods and Services Tax (GST) purposes and the total amount of GST levied from each of the following sectors of Jersey's domestic public transport industry for both years 2012 and 2013 –
- buses;
- coach companies;
- taxi companies;
- self-employed taxi drivers; and,
- other local transport service providers?
Answer
Because of the small number of entities in each of the listed sectors we are unable to provide a detailed breakdown as there is a risk that the tax liabilities of individual businesses may be disclosed.
The following represents the sum of all 5 of the requested sectors
Current registrations Returned GST
2012 2013 Less than 5 registrations £240,000 £121,000
Registration for GST is not compulsory unless turnover exceeds or is expected to exceed £300,000 per annum.
It is important to note that businesses are classified for GST purposes using a modified version of the UK 2007 Standard Industry Classification using the industry code for the predominant business activity. Because of this the returned data reflects both revenue and capital income and spend and may contain GST figures from activity which differs from the primary activity of transportation.