Words, explained · 22 of 25

GST

Also writtenvatgoods and services tax

A tax a registered business adds to its prices and pays to the government.

What it is

Jersey’s is 5%. Register for GST once your taxable sales reach £300,000 over the last 12 months, or you expect them to over the next 12. Guernsey has none today; the UK’s equivalent is VAT.

What it is not

Not compulsory below the line in Jersey: under £300,000 of taxable sales, registering is your choice.

About your saved progress

Saved plans, completed checklist steps, preferences and optional reading history are kept in this browser on this device. Clearing this site’s browser data removes them. They do not automatically sync to another browser or device. Private browsing may also discard them when you close it.

Keep an important plan using its download or print option. You can clear the Guidebook’s saved data below.