Approved tax agent status gives a person authority to prepare and submit trading accounts and related computations and tax returns for third parties.
With an 'all communications' authority in place, it also allows them to enter into direct communication with the taxes office in relation to the tax affairs of their clients.
Qualifications required to act as a tax agent
A person must be a member of a relevant professional chartered institute, eg chartered accountant, chartered certified accountant, or chartered tax adviser.
Alternatively, a person may be considered:
- where they are a member of a relevant professional body and can demonstrate a sound knowledge of the Jersey Income Tax Law and its practice
- although unqualified they can demonstrate over 10 years experience of Jersey Income Tax, gained with a professional firm, and the quality and breadth of their work, sound knowledge of the Income Tax (Jersey) Law 1961 and knowledge of its practice is known to the Comptroller’s staff
Applying to be an approved tax agent
You must write with evidence of your qualifications, professional membership or experience to the Comptroller of Taxes.
The Comptroller is entrusted with the administration of the law under Article 6 of the Income Tax (Jersey) Law 1961.
Decisions regarding approved agent status are made for the purpose of ensuring the good and proper administration of the law.