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Report

Transfers between Heads of Expenditure under the Public Finances (Jersey) Law 2019: Article 18 – 15th August 2025

Published on: 15 August 2025

Presented by: Minister for Treasury and Resources

Reference: R.126/2025

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STATES OF JERSEY

TRANSFERS BETWEEN HEADS OF EXPENDITURE UNDER THE

PUBLIC FINANCES (JERSEY) LAW 2019: ARTICLE 18 –

15TH AUGUST 2025

Presented to the States on 15th August 2025 by the Minister for Treasury and Resources

STATES GREFFE

2025  R.126

2

REPORT

Decision(s): Under Article 18(4) of the Public Finances (Jersey) Law 2019 (the Law), the Minister for Treasury and Resources hereby notifies the States, and having consulted with any relevant Minister under Article 18(5) of the Law; that she has agreed to the following –

Transfers between Heads of Expenditure under Article 18 of the Law

 

MD- TR- Ref.

Department

£

Funding of –

From –

To –

2025 -586

Revenue Transformation Project Phase 4 (RTP4)

Revenue Transformation Project Phase 3 (RTP3)

770,000

additional software programming and testing

 

 

 

 

 

After the expiry of 4 weeks following the presentation to the States of these transfers, the Minister hereby authorises the Treasurer of the States to action the transfer outlined in the table above. (More detail on the transfer is given below.)

Background

Each phase of the Revenue Transformation Project consists of a number of discrete projects. The introduction of Independent Taxation is the last project to be delivered under RTP3.

Under the original specification for RTP3, following consultation and specifically the adoption by Jersey of the recommendations of the Convention of the Elimination of All Forms of Discrimination Against Women (CEDAW), it was determined that all persons would be taxed independently.

Consequently, all persons entering the tax system on or after 1 January 2022 have been subject to independent taxation. It was intended that the current practice for persons in marriages and civil partnerships (before 2022) being taxed as a single unit would in the future be changed so that those persons would also be taxed independently and be required to file separate tax returns.

These  changes  have  required  considerable  software  programming  changes  in  the Revenue  Management  System  (RMS)  including  the  provision of  a Compensatory Allowance  and  (following  the  adoption  of  P.32/2023)  a  facility  to  allow  certain taxpayers to file joint tax returns.

The effect of adopting Proposition P.32/2023 on RTP3 has been to add a layer of complexity to the project that requires additional software programming and testing but for which no provision for the additional costs had been made.

Under RTP4, one project is for the alignment of the system for the automatic exchange of information (AEOI) to accord with the Organisation for Economic Co-operation and Development's (OECD) updated requirements. Originally, it was considered that a

R.126/2025

3

replacement AEOI system would be required and funding was secured on that basis; however, subsequent negotiations with the System Supplier indicated that the existing system could be modified to meet the requirements at a far lower cost.

The transfer of the underspend in RTP4 to RTP3 will ensure that both projects remain within budget while avoiding incurring additional cost pressures.

This decision can be found on www.gov.je under the following Ministerial Decision references MD-TR-2025-586 which was signed on 15th August 2025.

R.126/2025