GST taxed on goods and services

There are 3 categories under GST, and all goods and services are placed into 1 of them:

standard-rated
zero-rated
exempt

Schedule 5 and 6 of the Goods and Services Tax (Jersey) Law 2007 provide details on exempt and zero-rated goods and services.

Standard-rated

These are goods and services that are taxed at a standard rate (5%) of their total value at the point of sale. Almost all goods and services provided in Jersey (including imports) attract GST at the standard rate.

Examples include:

goods that you buy from a shop
food and drink from a restaurant or bar
rented or hired goods, such as a car or equipment
services, such as hairdressing or hotel accommodation
imported goods that you buy online

Zero-rated

These are taxed at 0%. Examples include:

exports of goods
housing
medical prescriptions
international services

Exempt

These are not taxed for public policy reasons, or because they are difficult to tax accurately. Examples include:

financial services
insurance
postal services
medical and paramedical supplies made by registered professionals or institutions
supplies by charities