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Personal income taxation

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WQ.152/2022

WRITTEN QUESTION TO THE MINISTER FOR TREASURY AND RESOURCES

BY DEPUTY M.B. ANDREWS OF ST. HELIER NORTH

QUESTION SUBMITTED ON MONDAY 18TH JULY 2022

ANSWER TO BE TABLED ON MONDAY 25TH JULY 2022

Question

“Will the Minister state the revenue from personal income taxation as a percentage of overall revenue for each respective year since 2012?”

Answer

Data for personal tax has been taken from “Annual income, expenditure and reserves” available on opendata.gov.je[1].

Overall revenue has been interpreted to mean total income of the States in the Consolidated Accounts, before gains/losses on financial assets, as reported in the Annual Report and Accounts.

 

Year

Personal tax

£ million

Overall Revenue

£ million

Personal income tax as % of Overall Revenue

2012

351

957

36.68%

2013

353

1010

34.95%

2014

361

1025

35.22%

2015

368

1075

34.23%

2016

397

1131

35.10%

2017

428

1189

36.00%

2018

453

1244

36.41%

2019

475

1305

36.40%

2020

463

1290

35.89%

2021

558

1435

38.89%