Finance (2021 Budget) (Jersey) Law 2021

Finance (2021 Budget) (Jersey) Law 2021 Contents PART 1 5 STANDARD RATE OF INCOME TAX SET FOR 2021 AND INCOME TAX (JERSEY) LAW 1961 AMENDED 5 1 Standard rate of income tax for 2021 . 5 2 Amendment of Income Tax (Jersey) Law 1961 . 5 3 Article 17A (penalty for late delivery of return) amended . 5 4 Article 70C and 70D inserted . 6 5 Article 80 (basis of computation under Cases IV and V) amended . 7 6 Article 92A (threshold for exemption for income tax) amended . 7 7 Article 92B (increase in exemption threshold for child day care) amended . 7 8 Article 95 (children) amended . 7 9 Article 98A (additional allowance in respect of children) amended . 7 10 Article 106A (allowances and balancing adjustments) amended . 8 11 Article 106AB (special provisions if assets transferred to successor to trade) inserted 8 12 Article 110B (capital allowance may be allowed as loss) inserted . 9 13 Article 115 (miscellaneous exemptions) amended . 9 14 Article 122AA (access of spouse B to tax information) inserted . 9 15 Article 122F (access of civil partner B to tax information) inserted . 9 16 Article 131OA (exemption from tax for lump sums paid from overseas schemes) amended 10 17 Article 131P (withdrawal of approval) amended . 10 18 New Article 143AA (power to make Regulations relating to companies in the cannabis industry) inserted 10 19 Article 145 (delivery and service of notices and forms) substituted . 10 20 Schedule 5 amended . 11 part 2 12 Customs and excise (Jersey) law 1999 amended 12 21 Amendment of Customs and Excise (Jersey) Law 1999 . 12 22 Excise duty: tobacco . 12 23 Excise duty: hydrocarbon oil 13 part 3 13 Stamp duties and fees (Jersey) law 1998 amended 13 24 Amendment of Stamp Duties and Fees (Jersey) Law 1998 . 13 25 Article 1 (Interpretation) amended . 13 26 Article 6B inserted . 13 27 Schedule 1 amended . 14 part 4 14 taxation (land TRANSACTIONS) (jersey) Law 2009 amended 14 28 Amendment of Taxation (Land Transactions) (Jersey) Law 2009 . 14 29 Article 1 (interpretation) amended . 14 30 Article 8A inserted . 15 31 Schedule amended . 15 PART 5 15 Revenue Administration (Jersey) Law 2019 amended 15 32 Amendment of Revenue Administration (Jersey) Law 2019 . 15 33 Article 2 (Comptroller of Revenue) amended . 16 34 Part 5 heading amended . 16 35 Article 20 (set-off) deleted . 16 36 New Part 5A (Comptroller’s powers relating to set-off) inserted . 16 PART 6 17 goods and services tax (international services entities) (jersey) regulations 2008 amended 17 37 Amendment of Goods and Services Tax (International Services Entities) (Jersey) Regulations 2008 17 PART 7 17 Consequential amendments, citation and commencement 17 38 Consequential amendments . 17 39 Citation and commencement . 17 SCHEDULE 18 Consequential amendments 18 1 Amendment of Social Security (Collection of Class 1 and Class 2 Contributions) (Jersey) Order 2013 18 2 Article 1 (interpretation) amended . 18 3 Article 2 (social security numbers and contribution liability notices) amended 18 4 Article 3 (periods of absence) amended . 18 5 Article 4 (contribution schedule) amended . 18 6 Article 5 (Class 1 contributions) amended . 18 7 Article 6 (Class 2 contributions) amended . 18 8 Article 8 (age determination) amended . 19 9 Article 11 (employer’s duty to notify Minister) amended . 19 10 Article 12 (abnormal pay practice) amended . 19 11 Article 14 (application for supplementation) amended . 19 Endnotes 20 Table of Endnote Reference . 20 Finance (2021 Budget) (Jersey) Law 2021 A LAW to set the standard rate of income tax for 2021 and to implement parts of the government plan for the 2021 financial year by amending the Income Tax (Jersey) Law 1961, the Customs and Excise (Jersey) Law 1999, the Stamp Duties and Fees (Jersey) Law 1998, the Taxation (Land Transactions) (Jersey) Law 2009, the Revenue Administration (Jersey) Law 2019 and the Goods and Services Tax (International Services Entities) (Jersey) Regulations 2008. Adopted by the States 17th December 2020 Sanctioned by Order of Her Majesty in Council 28th April 2021 Registered by the Royal Court 30th April 2021 Coming into force 1st January 2021 THE STATES , subject to the sanction of Her Most Excellent Majesty in Council, have adopted the following Law – PART 1 STANDARD RATE OF INCOME TAX SET FOR 2021 AND INCOME TAX (JERSEY) LAW 1961 AMENDED 1 Standard rate of income tax for 2021 Income tax is levied and charged for the year 2021 at the standard rate of 20 pence in the pound, in accordance with and subject to the Income Tax (Jersey) Law 1961 [1] . 2 Amendment of Income Tax (Jersey) Law 1961 This Part amends the Income Tax (Jersey) Law 1961 [2] . 3 Article 17A (penalty for late delivery of return) amended ( 1 ) In Article 17A(2)(a), “that is served by a notice in the following year” is deleted. ( 2 ) In Article 17A(2B)(b), for “20B or 20C” there is substituted “20B, 20C or 20D”. ( 3 ) For Article 17A(3) there is substituted – “( 3 ) A person who is required to deliver a return under Article 16 is not liable to a penalty under this Article if – ( a ) the person is not a body corporate; and ( b ) the Comptroller is satisfied that the person is not liable to pay any tax for the period to which the return relates.”. ( 4 ) For Article 17A(4A) there is substituted – “( 4A ) Paragraph (4B) applies if – ( a ) a person, other than a body corporate, is liable to pay one or more penalties under paragraph (2A) in respect of a return under Article 16; and ( b ) the Comptroller is satisfied that the person is liable to pay tax of less than £50 for the period to which the return relates. ( 4B ) If this paragraph applies, – ( a ) each penalty that the person is liable to pay under paragraph (2A) is abated to an amount equal to the tax the person is liable to pay for the period to which the return relates; and ( b ) the Comptroller must repay to the person any amount paid to discharge the person’s liability under paragraph (2A) that exceeds the amount of the penalty after the abatement.”. 4 Article 70C and 70D inserted After Article 70B there is inserted – “70C Deductions on account of foreign tax paid ( 1 ) Despite Article 70, in computing the profits or gains to be charged in respect of a trade under Schedule D there is allowed to be deducted as expenses in any year an amount equal to the amount of foreign tax payable in respect of that trade except where the person has claimed a credit in respect of that foreign tax under Article 112 or Part 14A. ( 2 ) In this Article “foreign tax” has the same meaning as in Article 114A. 70D Employer’s contributions into group life insurance scheme ( 1 ) Despite Article 70, in computing the profits or gains to be charged in respect of a trade or profession under Schedule D there is allowed to be deducted as expenses in any year an amount equal to the sum of contributions payable by the person liable to tax in respect of that trade or profession into a group life insurance scheme that is wholly and exclusively for the benefit of the person’s employees. ( 2 ) However, paragraph (1) applies only if – ( a ) the death benefits payable under the scheme do not exceed the total of 5 times the emoluments received by the deceased employee during the year immediately preceding his or her death; and ( b ) where the employer is a company, no employee who is a beneficiary of the scheme owns more than 20% of the shares of the company. ( 3 ) In this Article “employee” means a person who is paid wages or salary regardless of whether the person is employed or is an office holder.”. 5 Article 80 (basis of computation under Cases IV and V) amended After Article 80(3) there is inserted – “(3A) Tax in respect of distributions, within the meaning of Article 3AE(1)(a) only, of a company that is non-resident in Jersey is not charged under Case V of Schedule D on so much of any such distribution as is made out of the capital profits of the company.”. 6 Article 92A (threshold for exemption for income tax) amended ( 1 ) In Article 92A(2)(ii), for “£25,550” there is substituted “£25,700”. ( 2 ) In Article 92A(2A)(ii), for “£25,550” there is substituted “£25,700”. ( 3 ) In Article 92A(4)(i), for “£6,250” there is substituted “£6,300”. ( 4 ) In Article 92A(4A)(i), for “£6,250” there is substituted “£6,300”. ( 5 ) For Article 92A(6) there is substituted – “( 6 ) The threshold that applies to an individual to whom paragraph (2) or (2A) does not apply for the year of assessment is £16,000 (but may be increased by paragraphs (8) and (9) and Article 92B).”. 7 Article 92B (increase in exemption threshold for child day care) amended ( 1 ) In Article 92B(1)(c) and (d), for “£16,000” there is substituted “£16,320”. ( 2 ) In Article 92B(1)(e), for “£6,150” there is substituted “£6,273”. ( 3 ) In Article 92B(5), in paragraph (a) of the definition “qualifying income”, for “£6,250” there is substituted “£6,300”. 8 Article 95 (children) amended In Article 95(1) and (4), for “£3,000” there is substituted “£3,060”. 9 Article 98A (additional allowance in respect of children) amended In Article 98A(1A), for “£4,500” there is substituted “£4,590”. 10 Article 106A (allowances and balancing adjustments) amended ( 1 ) In Article 106A(2), “, or a proportionately reduced percentage of the excess if the trade has been carried on for part only of the year of assessment” is deleted. ( 2 ) After Article 106A(2) there is inserted – “( 2A ) The percentage for the excess under paragraph (2) – ( a ) is proportionately reduced if the financial period or financial periods forming the basis of the year of assessment is less than 12 months; and ( b ) is proportionately increased if the financial period or financial periods forming the basis of the year of assessment is more than 12 months.”. ( 3 ) After Article 106A(4), there is inserted – “( 4A ) However, if Article 106AB applies, the qualifying expenditure of a person who succeeds to a trade is determined under Article 106AB(2)(c).”. ( 4 ) In Article 106A(5)(e), after “as permanently discontinued,” there is inserted “and Article 106AB does not apply”. 11 Article 106AB (special provisions if assets transferred to successor to trade) inserted After Article 106A there is inserted – “106AB Special provisions if assets transferred to successor to trade ( 1 ) This Article applies if – ( a ) a person (the “successor”) succeeds to a trade in the circumstances described in the proviso to Article 75(1) or in Article 75(2); ( b ) all of the plant and machinery in the trade is transferred to the successor; and ( c ) all parties to the succession notify the Comptroller in writing that they wish for this Article to apply. ( 2 ) If this Article applies, – ( a ) the person who discontinues the trade (the “predecessor”) is not required to bring into account a disposal value under Article 106A(5); ( b ) the predecessor’s annual allowance for the year in which the succession occurs is calculated under Article 106A(2) (as adjusted, if necessary, by Article 106A(2A)); and ( c ) the successor’s qualifying expenditure for the year in which the succession occurs is the sum of – ( i ) the predecessor’s qualifying expenditure for the plant and machinery calculated under Article 106A(4), less the predecessor’s allowance for the year; and ( ii ) the successor’s qualifying expenditure calculated under Article 106A(4), less any amount spent on acquiring the plant and machinery acquired as part of the succession.”. 12 Article 110B (capital allowance may be allowed as loss) inserted After Article 110A there is inserted – “110B Capital allowance may be allowed as loss ( 1 ) For the purposes of Articles 107 and 107A, a person may elect to treat a capital allowance to which the person is entitled under Article 106A(2) as a loss sustained in the person’s trade, profession or vocation. ( 2 ) Article 106C(8) does not apply to an amount treated as a loss under this Article.”. 13 Article 115 (miscellaneous exemptions) amended After Article 115(ae)(iv) there is inserted – “( v ) Clos de Paradis Housing Trust”. 14 Article 122AA (access of spouse B to tax information) inserted After Article 122 there is inserted – “122AA Access of spouse B to tax information ( 1 ) This Article applies to a person who is a spouse B if – ( a ) the person is living with their spouse A; and ( b ) neither spouse has elected for separate assessment. ( 2 ) The Comptroller must, on request, provide to the person information collected under this Law that relates to the person’s spouse A for a period – ( a ) that is not before the 2021 year of assessment; and ( b ) during which the spouses were married and living together.”. 15 Article 122F (access of civil partner B to tax information) inserted After Article 122E there is inserted – “122 F Access of civil partner B to tax information ( 1 ) This Article applies to a person who is a civil partner B if – ( a ) the person is living with their civil partner A; and ( b ) neither civil partner has elected for separate assessment. ( 2 ) The Comptroller must, on request, provide to the person information collected under this Law that relates to the person’s civil partner A for a period – ( a ) that is not before the 2021 year of assessment; and ( b ) during which the civil partners were in a civil partnership and living together.”. 16 Article 131OA (exemption from tax for lump sums paid from overseas schemes) amended In Article 103OA(5)(b), for “the last Friday in July” there is substituted “the end of 31st July”. 17 Article 131P (withdrawal of approval) amended In Article 131P(8), – ( a ) after “The Comptroller may” there is inserted “, at the time that the Comptroller raises an assessment under paragraph (6),”; ( b ) for the existing instance of “paragraph (6)” there is substituted “that paragraph”. 18 New Article 143AA (power to make Regulations relating to companies in the cannabis industry) inserted After Article 143 there is inserted – “143AA Power to make Regulations relating to companies in the cannabis industry ( 1 ) The States may, by Regulations, amend this Law to provide for the taxation of the profits of companies whose business involves or relates to cannabis or its derivatives. ( 2 ) Regulations made under this Article may apply – ( a ) to all companies whose business involves or relates to cannabis or its derivatives; or ( b ) to only some of those companies, based on – ( i ) the types of activities that the companies undertake, ( ii ) the proportion of the companies’ activities or profits that relate, or do not relate, to cannabis or its derivatives, or ( iii ) any other matter that the States considers relevant.”. 19 Article 145 (delivery and service of notices and forms) substituted For Article 145 there is substituted – “145 Delivery and service of notices and forms ( 1 ) A notice, form or similar document that is required to be served on or given to a person under this Law may be – ( a ) delivered to the person personally; ( b ) sent to the person by post at the person’s usual or last known place of abode or place of business; ( c ) if the person is a company, sent to the company’s registered office or place of business; or ( d ) sent by any means of electronic communication. ( 2 ) A notice that is required to be served on or given to a person under this Law may be included within any other notice. ( 3 ) A person may request in writing that a notice, form or other document be served (by any of the methods in paragraph (1)), to the person’s appointed agent. ( 4 ) The Comptroller must not unreasonably refuse a request. ( 5 ) In this Article, “electronic communication” – ( a ) has the meaning given in Article 1(1) of the Electronic Communications (Jersey) Law 2000 [3] ; and ( b ) includes making a notice, form or document available for electronic retrieval.”. 20 Schedule 5 amended ( 1 ) In Schedule 5, paragraph 22, for the definition “new taxpayer” there is substituted – “ “new taxpayer” – ( a ) means a person – ( i ) to whom Article 41H (as in force before amended by Income Tax (Amendment No. 46) (Jersey) Law 202-) applied for the year beginning 1st January 2019, or ( ii ) who chose to be treated as if Article 41H applied to the person for the year beginning 1st January 2019; but ( b ) does not include a person if 25% or less of the person’s total income for the 2019 year of assessment consists of earnings.”. ( 2 ) In Schedule 5, paragraph 23(1)(a), for “Articles 39, 41A and 41AA” there is substituted “Articles 39 and 41A”. ( 3 ) In Schedule 5, after paragraph 23(1) there is inserted – “( 1A ) This paragraph does not apply to – ( a ) a company; or ( b ) a scheme manager of an approved Jersey scheme, an approved drawdown contract or an approved trust (as defined in Article 130) in respect of tax charged under Part 19.”. ( 4 ) In Schedule 5, paragraph 24, for sub-paragraph (1)(b) there is substituted – “( b ) the payment was not received as a payment by – ( i ) a new taxpayer, ( ii ) a company, or ( iii ) a scheme manager of an approved Jersey scheme, an approved drawdown contract or an approved trust (as defined in Article 130) for tax charged under Part 19; and”. ( 5 ) In Schedule 5, paragraph 25(3), for the definition “D” there is substituted – “D is the amount of income tax already paid for 2020 (not including an amount deducted during the year under Article 41B or 41E or an amount paid during the year as an instalment under Article 41A).”. ( 6 ) After Schedule 5, paragraph 25 there is inserted – “26 Income Tax (Amendment No. 46) (Jersey) Law 202-: credits for repayment of shareholder loans ( 1 ) This paragraph applies if – ( a ) there is an amount attributable to a person, other than a new taxpayer, as a shareholder loan under Article 81O for the 2019 year of assessment; and ( b ) the person is entitled to a credit under Article 81O(6) in respect of that shareholder loan for a later year of assessment; and ( c ) the person’s 2019 liability has not been paid in full. ( 2 ) The Comptroller must apply the credit that the person is entitled to under Article 81O(6) towards the unpaid amount of the person’s 2019 liability.”. part 2 Customs and excise (Jersey) law 1999 amended 21 Amendment of Customs and Excise (Jersey) Law 1999 This Part amends the Customs and Excise (Jersey) Law 1999 [4] . 22 Excise duty: tobacco For the table in paragraph 6 of Part 2 of Schedule 1 there is substituted – “Type of tobacco Rate of excise duty per kilogramme (a) unprocessed tobacco £420.81 (b) cigars £453.36 (c) cigarettes £551.22 (d) hand-rolling tobacco £525.27 (e) processed tobacco other than types (b) to (d) £438.51”. 23 Excise duty: hydrocarbon oil For paragraph 7(1) of Part 2 of Schedule 1 there is substituted – “( 1 ) There shall be charged, on hydrocarbon oil imported or delivered into or produced in Jersey, excise duty at the following rates – Type of hydrocarbon oil Rate of excise duty per hectolitre (a) higher octane ultra low sulphur petrol £60.71 (b) all other ultra low sulphur petrol £58.83 (c) ultra low sulphur diesel £58.83 (d) all other types of hydrocarbon oil £62.77”. part 3 Stamp duties and fees (Jersey) law 1998 amended 24 Amendment of Stamp Duties and Fees (Jersey) Law 1998 This Part amends the Stamp Duties and Fees (Jersey) Law 1998 [5] . 25 Article 1 (Interpretation) amended In Article 1 after the definition “designated officer” there is inserted – “ “first-time buyer” means a purchaser of immovable property where the transaction relating to that property fulfils all the conditions that are required to be fulfilled for the fees set out in item 13(b) in a table in paragraph 3 of Schedule 1 to apply;”. 26 Article 6B inserted After Article 6A there is inserted – “6B Reduction of stamp duty where immovable property purchased under approved Assisted Ownership Scheme ( 1 ) Where a first-time buyer purchases immovable property under an Assisted Ownership Scheme and the conditions set out in paragraph (2) are met, the amount of stamp duty payable is that set out in item 13(b) in a table in paragraph 3 of Schedule 1, calculated as if the affordable price were the gross value of the property. ( 2 ) The conditions are that the Assisted Ownership Scheme has been approved by the Minister for Children and Housing and – ( a ) the property has been allocated to the purchaser through the Affordable Housing Gateway administered by the Minister for Children and Housing; or ( b ) the Scheme has been approved by the Minister for Treasury and Resources. ( 3 ) The affordable price is the proportion of the gross value of the property that is funded by the purchaser, whether or not secured by one or more simple conventionnel hypothecs, or other security.”. 27 Schedule 1 amended ( 1 ) In the second item (viii) of the table in paragraph 2 of Schedule 1, for “£6.50” there is substituted “£7”. ( 2 ) In item (ix) of the table in paragraph 2 of Schedule 1, – ( a ) for “£139,500” there is substituted “£144,500”; ( b ) for “£8.50” there is substituted “£9.50”. ( 3 ) In item (x) of the table in paragraph 2 of Schedule 1, – ( a ) for “£394,500” there is substituted “£429,500”; ( b ) for “£9.50” there is substituted “£10.50. ( 4 ) In the table for item 46 in paragraph 3 of Schedule 1, – ( a ) in item (1)(h), for “£6.50” there is substituted “£7”; ( b ) in item 1(i), – ( i ) for “£139,500” there is substituted “£144,500”, ( ii ) for “£8.50” there is substituted “£9.50”; ( c ) in item 1(j), – ( i ) for “£394,500” there is substituted “£429,500”, ( ii ) for “£9.50” there is substituted “£10.50”. part 4 taxation (land TRANSACTIONS) (jersey) Law 2009 amended 28 Amendment of Taxation (Land Transactions) (Jersey) Law 2009 This Part amends the Taxation (Land Transactions) (Jersey) Law 2009 [6] . 29 Article 1 (interpretation) amended In Article 1 after the definition “equity capital” there is inserted – “ “first-time buyer” means a person on whom a right of occupation of land is conferred and who satisfies all the conditions to be satisfied by an occupier under paragraph 4 of the Schedule for the rate of LTT set out in sub-paragraph (3) of that paragraph to apply;”. 30 Article 8A inserted After Article 8 there is inserted – “8A Reduction of LTT where land transaction confers right of occupation under approved Assisted Ownership Scheme ( 1 ) Where a transaction under Article 3(1)(a) confers a right of occupation of land on a first time buyer under an Assisted Ownership Scheme and the conditions set out in paragraph (2) are met, the rate of LTT chargeable to an occupier is that under paragraph 4(3) of the Schedule, calculated as if the affordable price were the gross value of the land. ( 2 ) The conditions are that the Assisted Ownership Scheme has been approved by the Minister for Children and Housing and – ( a ) the land has been allocated to the occupier through the Affordable Housing Gateway administered by the Minister for Children and Housing; or ( b ) the Scheme has been approved by the Minister for Treasury and Resources. ( 3 ) The affordable price is the proportion of the gross value of the transaction that is funded by the occupier, whether or not the funding involves a security agreement.”. 31 Schedule amended ( 1 ) In item (h) of the table in paragraph 2(1) of the Schedule, for “£6.50” there is substituted “£7”. ( 2 ) In item (i) of the table in paragraph 2(1) of the Schedule, – ( a ) for “£139,500” there is substituted “£144,500”; ( b ) for “£8.50” there is substituted “£9.50”. ( 3 ) In item (j) of the table in paragraph 2(1) of the Schedule, – ( a ) for “£394,500” there is substituted “£429,500”; ( b ) for “£9.50” there is substituted “£10.50”. PART 5 Revenue Administration (Jersey) Law 2019 amended 32 Amendment of Revenue Administration (Jersey) Law 2019 This Part amends the Revenue Administration (Jersey) Law 2019 [7] . 33 Article 2 (Comptroller of Revenue) amended ( 1 ) For Article 2(1)(b) there is substituted – “( b ) the collection and administration of social security contributions under, and in accordance with, this Law, the Income Tax Law and the Social Security Law as the agent for the Minister for Social Security; and”. ( 2 ) In Article 2(3), for “LTC” there is substituted “Social security”. ( 3 ) After Article 2(7) there is inserted – “( 8 ) In this Article, “social security contributions” means contributions specified in Article 4(2) of the Social Security Law.”. 34 Part 5 heading amended In the heading to Part 5, “and set-off” is deleted. 35 Article 20 (set-off) deleted Article 20 is deleted. 36 New Part 5A (Comptroller’s powers relating to set-off) inserted After Article 21 there is inserted – “Part 5A COMPTROLLER’S POWERS RELATING TO SET-OFF 21A Set-off ( 1 ) This Article applies if – ( a ) a person does not pay an amount that the person is liable to pay under the Income Tax Law or the GST Law by the deadline for payment; and ( b ) the person is entitled to a refund or credit under the Income Tax Law or the GST Law. ( 2 ) The Comptroller may – ( a ) withhold or suspend payment of all or part of the refund or credit; or ( b ) apply all or part of the refund or credit towards payment of the outstanding amount. ( 3 ) The Comptroller must not withhold, suspend or apply a refund or credit towards payment of an amount that is not outstanding without the agreement of the person. ( 4 ) This Article applies in respect of all amounts a person is liable to pay under the Income Tax Law or the GST Law, including amounts of LTC contributions, penalties, interest and other charges.”. PART 6 goods and services tax (international services entities) (jersey) regulations 2008 amended 37 Amendment of Goods and Services Tax (International Services Entities) (Jersey) Regulations 2008 In Regulation 4(1) (basis of fee) of the Goods and Services Tax (International Services Entities) (Jersey) Regulations 2008 [8] – ( a ) in sub-paragraph (a)(i)(A) for “£9,350” there is substituted “£13,100”; ( b ) in sub-paragraph (a)(i)(B) for “£200” there is substituted “£300”; ( c ) in sub-paragraph (a)(ii)(A) for “£200” there is substituted “£300”; ( d ) in sub-paragraph (a)(ii)(B) for “£200” there is substituted “£300”; ( e ) in sub-paragraph (a)(iii)(A) for “£9,350” there is substituted “£13,100”; ( f ) in sub-paragraph (a)(iii)(B) for “£200” there is substituted “£300”; ( g ) in sub-paragraph (b) for “£58,000” there is substituted “£78,300”; ( h ) in sub-paragraph (c) for “£3,120” there is substituted “£4,700”; ( i ) in sub-paragraph (ca) for “£3,120” there is substituted “£4,700”; ( j ) in sub-paragraph (d) for “£625” there is substituted “£950”; ( k ) in sub-paragraph (da) for “£3,120” there is substituted “£4,700”; ( l ) in sub-paragraph (e) for “£3,120” there is substituted “£4,700”; ( m ) in sub-paragraph (f) for “£625” there is substituted “£950”; ( n ) in sub-paragraph (fa) for “£3,120” there is substituted “£4,700”; ( o ) in sub-paragraph (g) for “£500” there is substituted “£750”; ( p ) in sub-paragraph (i) for “£200” there is substituted “£300”; ( q ) in sub-paragraph (j) for “£500” there is substituted “£750”. PART 7 Consequential amendments, citation and commencement 38 Consequential amendments The Schedule contains consequential amendments to the Social Security (Collection of Class 1 and Class 2 Contributions) (Jersey) Order 2013 [9] . 39 Citation and commencement This Law may be cited as the Finance (2021 Budget) (Jersey) Law 2021 and comes into force on 1st January 2021. SCHEDULE (Article 33) Consequential amendments 1 Amendment of Social Security (Collection of Class 1 and Class 2 Contributions) (Jersey) Order 2013 This Schedule amends the Social Security (Collection of Class 1 and Class 2 Contributions) (Jersey) Order 2013 [10] . 2 Article 1 (interpretation) amended In Article 1, – ( a ) the following is inserted as the first definition – “ “ Comptroller ” means the Comptroller of Revenue described in Article 2 of the Revenue Administration (Jersey) Law 2019 [11] ;”; ( b ) the definition “Department” is deleted. 3 Article 2 (social security numbers and contribution liability notices) amended In Article 2(1), (3)(b), (4) and (5), for “Department” there is substituted “Minister”. 4 Article 3 (periods of absence) amended In Article 3, for “Department” there is substituted “Minister”. 5 Article 4 (contribution schedule) amended In Article 4(1), (2)(a) and (2)(b), for “Department” there is substituted “Comptroller”. 6 Article 5 (Class 1 contributions) amended In both places in Article 5(1) and in Article 5(4)(a) and (b), for “Department” there is substituted “Comptroller”. 7 Article 6 (Class 2 contributions) amended ( 1 ) In Article 6(1), “to the Department” is deleted. ( 2 ) In Article 6(2) and (4)(b), for “Department” there is substituted “Comptroller”. ( 3 ) In Article 6(4)(a), for “Minister” there is substituted “Comptroller”. 8 Article 8 (age determination) amended In Article 8, for “Department” there is substituted “Comptroller”. 9 Article 11 (employer’s duty to notify Minister) amended In Article 11(1), (2), (3), (4), (5) and (6), for “Minister” there is substituted “Comptroller”. 10 Article 12 (abnormal pay practice) amended In Article 12(2), for “Department” there is substituted “Comptroller”. 11 Article 14 (application for supplementation) amended In Article 14(2)(a), (3) and (4), for “Department” there is substituted “Minister”. Endnotes Table of Endnote Reference [1] chapter 24.750 [2] chapter 24.750 [3] chapter 04.280 [4] chapter 24.660 [5] chapter 24.960 [6] chapter 24.980 [7] L.13/2019 [8] chapter 24.700.25 [9] chapter 26.900.12 [10] chapter 26.900.12 [11] L.13/2019