Double taxation of OAP pensions
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WQ.154/2022
WRITTEN QUESTION TO THE MINISTER FOR TREASURY AND RESOURCES BY DEPUTY B. WARD OF ST. CLEMENT
QUESTION SUBMITTED ON MONDAY 18TH JULY 2022
ANSWER TO BE TABLED ON MONDAY 25TH JULY 2022
Question
“Further to the response of his predecessor to the e-petition entitled ‘Stop the double taxation of the Jersey pension’ will the Minister advise whether he will revisit the issue of the double taxation of States old age pensions; and if not, why not?”
Answer
It is incorrect to characterise the taxation of the old-age pension as “double taxation” because of the nature of the contributions scheme underpinning it; and the wide range of benefits of which the pension is just one element. That said, I will review the issues around the taxability of old-age-pension income during my term of office.