With the introduction of GST at 3% in 2008, the government of the day provided for 3 sets of compensating measures. Tax allowances were increased over and above the usual annual uplift, to benefit all taxpayers Income Support payments linked to household spending were increased by 3%. For households that did not pay tax and … Read more GST and the Community Costs Bonus
GST and the Community Costs Bonus
Combatting Financial Crime Together: Risk – summary of event held on 28 Sept 2022
Business Risk Assessments are the foundation of any Anti-Money Laundering (AML) and Combating the Financing of Terrorism (CFT) strategy.
Mini budget question and answers with Deputy Steve Ahier
Following last week’s launch of the mini budget we have seen lots of questions from the public and wanted to show we are listening to them. The mini budget is part of the Council of Ministers’100 Day Plan. Deputy Steve Ahier, Assistant Treasury Minister answered some of those questions. When will this all happen then? … Read more Mini budget question and answers with Deputy Steve Ahier
Commuting by bike… working with the weather for a smoother ride
You may have heard people say, ‘there’s no such thing as bad weather, only bad clothing’. Preparation is what weather forecasts are all about.
Risky (virtual asset) business?
To its supporters cryptocurrency (or virtual assets, aka VAs) is a brave new world, a digital asset that exists across computer networks, outside the control of governments and central authorities, bringing cheaper and faster money transfers for those otherwise excluded from the financial system. To its detractors it is a bubble waiting to burst, or … Read more Risky (virtual asset) business?
Why JCIS is still keeping me interested after 36 years: Mark Cockerham
“Don’t you ever get bored of doing the same job for all this time Dad?” my children (19 and 25) ask me. Their career paths have been quite different, going into the private sector to work in Jersey and London. While I reflect on this, I can definitely say that even after 36 years of … Read more Why JCIS is still keeping me interested after 36 years: Mark Cockerham
Protecting non-profit organisations from criminals and terrorists
While the NPO sector presents medium to low risk of being abused or misused for terrorist financing, the law has been updated with the aim of protecting them from the risk.
Why Jersey’s Field Squadron and not the Royal Navy, or farming?
I’m Charlie Martell, the Officer Commanding your Field Squadron. Myself and my team play an important role here, but what do we do and where have I come from? My background I have enjoyed a career in the Regular Army, prior to my current career in the Army Reserve, deploying on operations to Saudi Arabia, … Read more Why Jersey’s Field Squadron and not the Royal Navy, or farming?
Russian sanctions: can you sanction Crypto?
Sanctions imposed by the UK and Jersey against entities and individuals in Russia and Belarus apply to cryptoassets (see the OFSI, FCA and Bank of England Joint statement ). Which leads to the question: When is an asset a cryptoasset? The simple answer – which may not help a great deal – is that there … Read more Russian sanctions: can you sanction Crypto?
Russian sanctions: the impact so far
The economic measures imposed on Russia following the invasion of Ukraine last month are already the largest package of sanctions ever imposed against a G20 nation, and there are more to come. Before the invasion, more than 250 Russian individuals and entities were designated for an asset freeze. In the week afterwards, a little over … Read more Russian sanctions: the impact so far