Request
A.
For the years 2009 / 10 / 11 / 12 / 13 / 14 and 2015 how many buy to let share transfer apartments have been purchased by non residentially housing qualified non Jersey residents / investors ?
B.
Same as above but purchased via share transfer by companies, trusts, investors?
Response
A.
The only source of information which is held by the public authority is the documentation which is supplied to and recorded by the Taxes Office when Land Transaction Tax (LTT) is paid on a share transfer transaction which confers a right to occupy property.
Information is held on where a non Jersey address has been supplied on the Transfer of Ownership LTT statement.
Statistics are as follows. The numbers do not differentiate between types of property (eg flats, houses).
| Year | Number |
2009 | None (LTT law came into effect 1 January 2010) |
| 2010 | 14 |
| 2011 | 13 |
| 2012 | 22 |
| 2013 | 11 |
| 2014 | 6 |
| 2015 (data to 27 November 2015) | 8 |
The legislation concerning Land Transaction Tax can be found below.
TAXATION (LAND TRANSACTIONS) (JERSEY) LAW 2009
B.
The Treasury and Resources Department does not hold the information as requested.
10 Obligation of scheduled public authority to confirm or deny holding information
(1) Subject to paragraph (2), if
(a) a person makes a request for information to a scheduled public authority; and
(b) the authority does not hold the information, it must inform the applicant accordingly.
(2) If a person makes a request for information to a scheduled public authority and
(a) the information is absolutely exempt information or qualified exempt information; or
(b) if the authority does not hold the information, the information would be absolutely exempt information or qualified exempt information if it had held it, the authority may refuse to inform the applicant whether or not it holds the information if it is satisfied that, in all the circumstances of the case, it is in the public interest to do so.
(3) If a scheduled public authority so refuses
(a) it shall be taken for the purpose of this Law to have refused to supply the information requested on the ground that it is absolutely exempt information; and
(b) it need not inform the applicant of the specific ground upon which it is refusing the request or, if the authority does not hold the information, the specific ground upon which it would have refused the request had it held the information.
