GlobalTaxBook

Jersey tax rates

Europe · headline statutory rates, 2025 · Low tax

In Jersey, the top statutory personal income tax rate is 20% (ranked #72 of 96 countries), the headline corporate income tax rate is 0%, and the standard VAT/GST rate is 5%. Capital gains for individuals are treated as: No capital gains tax. Overall it reads as a low tax jurisdiction on headline rates — low headline rates overall. These are statutory top rates, not the effective tax most people pay, and not tax advice — verify with Jersey's official tax authority.

Source: PwC Worldwide Tax Summaries. Data as of June 2026.

Jersey tax rates at a glance

TaxJersey
Top personal income tax rate20%
Corporate income tax rate0%
Standard VAT / GST5%
Capital gains (individuals)No capital gains tax
Employee social securityEmployee 6% social security

Source: PwC Worldwide Tax Summaries. Data as of June 2026.

Headline statutory rates (2025), compiled from PwC Worldwide Tax Summaries and cross-checked against OECD / Tax Foundation data. Rates change — confirm with the official tax authority before relying on them. This is not tax advice.

What these Jersey rates mean

The figures above are headline statutory rates: the top marginal personal income tax rate, the standard (not reduced) VAT/GST rate, and the main corporate rate. The top 20% income tax rate only bites on income above the highest bracket — the effective rate an average earner pays is lower. Consumption is taxed through VAT/GST at 5%, usually with reduced rates on essentials. Always layer in social security (Employee 6% social security) and any local taxes for a full picture.

How Jersey ranks

Ranking among the 96 countries in GlobalTaxBook, highest headline rate = #1. Statutory rates only.
MeasureJerseyRank (1 = highest)
Top personal income tax20%#72 of 96
Corporate income tax0%#90 of 96
Standard VAT/GST5%#83 of 87

Countries with a similar tax level to Jersey

The five countries closest to Jersey on overall headline tax level:

Jersey and its nearest peers by headline tax burden. Source: PwC Worldwide Tax Summaries, 2025.
CountryTop income taxCorporate taxVAT/GST
Jersey (this country)20%0%5%
Oman5%15%5%
Andorra10%10%4.5%
Switzerland11.5%8.5%8.1%
Guernsey20%0%No VAT; 0% corporate tax for most companies
Paraguay10%10%10%

Frequently asked questions

What is the income tax rate in Jersey?

The top statutory personal income tax rate in Jersey is 20%. This is the highest marginal rate, which only applies above the top income threshold — most taxpayers pay less. It ranks #72 of 96 countries in our dataset by top rate. Headline rate as of 2025; verify with the official tax authority.

What is the corporate tax rate in Jersey?

Jersey's headline corporate income tax rate is 0%, ranking #90 of 96 by headline corporate rate. Effective rates can differ with incentives, surcharges and local taxes. Verify with the official authority.

Does Jersey have VAT or sales tax?

Yes — the standard VAT/GST rate in Jersey is 5% (GST 5%; 0% corporate tax for most companies). Reduced rates often apply to food, medicine and other essentials.

Is Jersey a high-tax or low-tax country?

On headline statutory rates, Jersey looks like a low tax jurisdiction — low headline rates overall. This is a rough signal from top rates only, not the effective tax an average person or company pays. Tax residency, deductions and treaties change the real picture. Not tax advice.

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Sources & accuracy

Headline rates for Jersey from PwC Worldwide Tax Summaries, cross-checked with the OECD and Tax Foundation. Data as of June 2026; reflects roughly the 2025 tax year. These are statutory headline rates, not effective rates, and this page is general information, not tax advice — verify with Jersey's official tax authority and a qualified adviser before acting. See our methodology and disclaimer.

Last updated: 2026-06-20