Skip to main content Skip to accessibility
This website is not compatible with your web browser. You should install a newer browser. If you live in Jersey and need help upgrading call the States of Jersey web team on 440099.
Government of

Information and public services for the Island of Jersey

L'înformâtion et les sèrvices publyis pouor I'Île dé Jèrri

  • Choose the service you want to log in to:


    Update your notification preferences


    Access government services


    Clear goods through customs or claim relief

  • Talentlink

    View or update your States of Jersey job application

States of Jersey financial report and accounts 2014

Produced by the Treasury and Exchequer
Authored by Treasury and Resources and published on 10 Jun 2015
Prepared internally, no external cost



General Revenues Income for 2014 was £649 million, compared with £637 million in 2013. This consisted of revenues gained from taxation such as personal income tax and goods and services tax (£517 million), duties on alcohol, cigarettes and fuel, stamp duty and the island rate (£92 million) and other income (£40 million). The £12 million increase compared to 2013 is largely the result of including the return from Andium Homes Limited in 2014.


Departments’ net revenue expenditure during 2014 was £674.2 million. Departments ended the year with a total underspend of £28 million against budgets. £15 million of these approvals have been carried forward into 2015 so that Departments can fund projects spanning multiple years and other spending pressures.

Balance sheet management

During the year, States Departments spent £51.7 million on capital projects to develop the fixed assets base, including improvements to school and health facilities and the Island’s infrastructure.  Trading operations and Andium Homes Limited spent a further £13.7 million and £9.4 million respectively on capital projects. The value of States fixed assets is now £3.3 billion.

Download financial report and accounts 2014 (size 2.1mb)
Download annex to report and accounts 2014 (size 2.1mb)
Back to top
rating button