Jersey Law 15/1980

INCOME TAX (AMENDMENT No. 14) (JERSEY) LAW, 1980.

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A LAW   to amend further the Income Tax (Jersey) Law, 1961, sanctioned by Order of Her Majesty in Council of the

28th day of JULY, 1980.

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(Registered on the 8th day of August, 1980).

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STATES OF JERSEY.

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The 22nd day of January, 1980.

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THE STATES, subject to the sanction of Her Most Excellent Majesty in Council, have adopted the following Law:  -

ARTICLE 1

(1)           After Article 70 of the Income Tax (Jersey) Law, 1961,1 as amended (hereinafter referred to as “the principal Law”) there shall be inserted the following Article –

“ARTICLE 70A

DEDUCTION ON ACCOUNT OF SOCIAL SECURITY CONTRIBUTIONS

(1)          Notwithstanding anything in Article 70 of this Law, in computing the profits or gains to be charged in respect of a trade or profession under Schedule D there shall be allowed to be deducted as expenses in any year an amount equal to eleven-nineteenths of the Class 2 contributions which the individual or, in the case of a trade or profession carried on in partnership, the individuals carrying on the trade or profession are liable to pay in that year under the Social Security (Jersey) Law, 1974, as Class 2 insured persons.

(2)          In this Article, “Class 2 contributions” and “Class 2 insured persons” have the same meanings as in the Social Security (Jersey) Law, 1974.”

(2)           The provisions of this Article shall apply in relation to such amounts as are payable in the year one thousand nine hundred and eighty and ensuing years.

ARTICLE 2

(1)           After sub-paragraph (l) of Article 115 of the principal Law2 there shall be inserted the following sub-paragraph –

“(m) disabled adult’s allowances and disabled child’s allowances payable under Articles 3 and 4 of the Invalid Care and Disability Allowances (Jersey) Law, 1978.”

(2)           After Article 130 of the principal Law3 there shall be inserted the following Article –

“ARTICLE 130A

INVALID CARE ALLOWANCES

Payments of invalid care allowances under Article 2 of the Invalid Care and Disability Allowances (Jersey) Law, 1978 shall be charged to income tax under Case II of Schedule D and shall be deemed for all purposes of this Law to be earned income.”.

(3)           The provisions of this Article shall have effect for the year nineteen hundred and seventy-eight and ensuing years.

ARTICLE 3

(1)           In paragraph (1) of Article 130 of the principal Law4 the words “shall be charged to income tax under Case VI of Schedule D,” are hereby repealed.

(2)           The provisions of this Article shall have effect for the year nineteen hundred and seventy-four and ensuing years.

ARTICLE 4

This Law may be cited as the Income Tax (Amendment No. 14) (Jersey) Law, 1980.

E.J.M. POTTER,

Greffier of the States.