Revenue from GST

Published on: 26 March 2019

Question type: Written

Asked by: Steve Ahier

Reference: WQ.170/2019

Answered by: Minister for Treasury and Resources

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WQ.170/2019

WRITTEN QUESTION TO THE MINISTER FOR TREASURY AND RESOURCES BY DEPUTY S.M. AHIER OR ST. HELIER

ANSWER TO BE TABLED ON TUESDAY 26th MARCH 2019

Question

Will the Minister advise the Assembly of the breakdown of the yearly revenue by sector (including food, utilities, retail and bookmaking) received from the Goods and Services Tax since it was first introduced?

Answer

The breakdown requested is detailed overleaf.

The information has been drawn from Revenue Jersey's systems based on sector codes entered against the individual entities registered for Goods and Services Tax.

The breakdown between "food" and "other" retail is caveated as a number of large food retailers will also sell non-food items. This distinction cannot be drawn from the information held by Revenue Jersey.

When analysing the breakdown provided it is noteworthy that:

GST was introduced on 6 May 2008 and hence the figures for 2008 do not represent a full year of GST revenues; and
The GST rate was increased from 3% to 5% on 1 June 2011.