|What does the visitor refund scheme mean for retailers?
|How does the GST retail scheme help me?
||If you sell a lot of high volume, low value goods, the GST retail scheme enables you to account for your total quarterly sales instead of your individual sales, reducing your accounting and book-keeping costs |
High volume / low value sales and GST
|Is GST collected on goods I import into Jersey?
||Yes, although how you pay, and whether you benefit from the de minimus depends on whether you're Customs-approved and GST-registered.|
How do I pay GST?
|I am a non-Jersey company importing to a Jersey customer - what do I have to do?
||Your customer (the person or company importing the goods or services) must pay GST to Jersey Customs using CAESAR. If the goods are being shipped then they will be held by Customs until they (or you) declare the value and pay the GST. Your customer will need the shipper's Consignment Line Code in order to have the goods released.|
Importing goods and paying GST
|As a business, how do I register for GST to import goods?
||If you are a Jersey business wanting to create an account with Customs you can do so using CAESAR on the customs website.|
|How do I pay GST on the sales I've made?
||GST-registered businesses collect the tax from their customers and then pay it to the Taxes Office once a quarter. If you are not GST-registered then you cannot charge GST or reclaim the tax. |
|Should I be registered for GST?
||If you are a business with a turnover of more than £300,000 then you must register with the Taxes Office.|
States of Jersey tax website
|There are several GST schemes for businesses - can I use more than one?
||Yes. Small businesses using the cash accounting and annual accounting schemes can also use the tour operator and motor trade margin schemes (if they are entitled to). |
|How do I complete my GST return?
||You can make your GST return by:|
- the online form on the Jersey Tax website
- using the Tax Returns Submission System (TRSS), returns can be downloaded, completed offline and submitted by email or data stream to the Taxes Office via a secure connection
- the paper form which is collected by contacting the Taxes Office
How can I find out if a company is GST-registered?
|Their GST registration must be on their receipts and invoices. The Taxes Office does not keep a public list of registration numbers.|