Information about Jersey Minimum wage and taxes.

Minimum wage is the lowest wage amount determined by the government for employees in a country. This wage is usually calculated per hour of work and is intended to help employees cover their most basic living expenses. Jersey is an island within the United Kingdom and has its own independent government and laws. The minimum wage in Jersey is determined by the Jersey Employer and Employer Relations Commission. As of 2021, the minimum wage in Jersey is set at £

8.32 per hour. Employees who are subject to the minimum wage in Jersey cannot receive a wage below this wage. However, there are some exceptional cases and different minimum wage amounts may be determined for these cases. For example, different minimum wages may apply for groups such as young workers, students, interns and disabled individuals. The tax system in Jersey is similar to the UK tax system. People living in Jersey are taxed according to their earnings and income. Income tax rates vary depending on the amount of earnings and tax bracket. As of 2021, income tax rates in Jersey are as follows: - 20% on winnings between £0-136,000 - 26% on earnings of £136,001 and above Jersey also imposes a consumption tax called VAT (Value Added Tax). 5% VAT applies on most goods and services consumed in Jersey. However, lower or higher VAT rates may apply to some goods and services. The above information is for general information purposes only and minimum wage and tax policies in Jersey may change over time. It is therefore important that you contact the relevant authorities, such as the Jersey Labor and Employer Relations Commission and the Jersey Department of Finance, for up-to-date and detailed information.