25 April 2022
Former Prior Year Basis (PYB) taxpayers will this week receive a letter confirming their
outstanding PYB 2019 tax bill and a ‘Ways to Pay – PYB 2019 Tax’ booklet.
The States Assembly agreed in 2020 to move all PYB taxpayers onto Current Year
Basis and as part of the reform their 2019 tax bill was frozen, for payment later.
The letter and booklet, which is going to 29,300 customers, makes it clear that they do
not have to take any action until 2024, and that if they choose a payment plan, there
is nothing to pay until 2025.
The booklet outlines the three options available to customers to pay their 2019 bill
and is being provided now so that those taxpayers who may prefer to put
arrangements in place sooner can do so.
The payment options are:
- Pay the entire amount in one lump sum either via the Government of Jersey website or by
calling 01534 440235. A lump sum payment can be made at any time, even if
taxpayers initially select one of the other options. Around 700 taxpayers have
already made a lump sum payment
- Commit to pay on retirement using a financial product or asset. This is
available to those who have not yet reached Pensionable Age at the time they
elect.
- Enter into a Payment Plan Agreement that will start in 2025. The full PYB tax
bill must be repaid by 31 December 2041, so customers can choose a plan of
any length between 1 and 17 years starting in 2025. Those wanting to pay over
longer can have up to 20 years, if they start making advance payments this
year. They can do this via the Government of Jersey website or by calling 01534 440235.
There is also an online payment calculator to help
customers choose a payment amount and frequency that best suits them.
Customers are advised to also read the additional ‘What happens if’ information,
which is available online at gov.je/PYB2019Tax or in printed form at Parish Halls and
Customer and Local Services, before they make their election. Once they have chosen
their preferred payment option, they can use the PYB election form at
gov.je/PYB2019Tax. They have until 30 September 2024 to confirm their choice.
Richard Summersgill, Comptroller of Revenue, said: “We are keen to ensure that we
are providing information to customers about payment options for their PYB 2019 tax
bill, so they have plenty of time to decide how they want to pay it, and those wanting
to spread payments over the maximum possible time can do so.”
Help and support
The Finance Hub will be managing the PYB payment and administration process.
For queries on payment plans, payments or the election form, customers should
contact the Finance Hub on 01534 440235. Queries relating to a taxpayer’s balance or
specific tax question should be directed to Revenue Jersey on 01534 440300.
Graham Chidlow, Director of the Finance Hub, added: “Hundreds of taxpayers have
already paid their 2019 bill in full, but we know there are many others who will prefer
to pay over a longer time period, or on retirement. The letter and booklet will help
them to make a fully informed decision, and if they’re ready, they can confirm their
choice to us now, using the online form.”
gov.je