Navigating Jersey's Tax Landscape - What you need to know
- October 18, 2024
When moving to Jersey for work as a healthcare professional, understanding the island’s tax structure is crucial. Jersey offers a unique tax environment that is both advantageous and distinct from other jurisdictions. At IMG Connect, we want to make sure you're well-informed as you prepare for this exciting transition.
Jersey's Tax System: An Overview
Jersey, as a Crown Dependency, is not part of the UK or the EU, meaning it operates its own fiscal policies, including taxation. The island’s tax system is straightforward, offering a relatively low-tax environment compared to many other regions. Below are the key aspects to consider:
- Income Tax Rate
Jersey’s income tax system follows a flat-rate model. Residents are taxed at a single rate of 20% on their worldwide income. Unlike many progressive tax systems, this flat rate makes it simpler to calculate tax obligations, which is particularly attractive to high-earning medical professionals. - Exemptions and Allowances
While the flat rate is 20%, Jersey offers a variety of personal allowances and exemptions that can lower your overall tax burden. For example, you can deduct pension contributions, interest on mortgages, and specific expenses related to your employment. - Tax Cap for High Earners
One of the standout features of Jersey's tax regime is its tax cap for high-net-worth individuals. This cap applies to income that is not sourced from Jersey, meaning if your wealth is held offshore, only a fixed amount is taxable. This could be an attractive feature for senior consultants or those with investments outside Jersey. - Social Security Contributions
Social security in Jersey is a significant consideration for medical professionals moving to the island. Contributions are required from both employees and employers, with employees contributing 6% of earnings up to the Social Security ceiling (currently set at £65,172 per year), and employers contributing 6.5%. - GST (Goods and Services Tax)
Jersey imposes a 5% GST on most goods and services, a relatively low rate compared to VAT in the UK (20%). If you're planning on purchasing big-ticket items or enjoying Jersey’s lifestyle, this tax is something to keep in mind.
What You Need to Know When Moving to Jersey
Residency and Tax Obligations
Jersey offers a flexible residency system, but how much tax you pay will depend on your residency status. There are two primary categories:
- Ordinary Resident – If you live in Jersey for more than six months in a year, you’ll be considered a resident for tax purposes, and your global income will be subject to Jersey’s flat 20% income tax rate.
- Non-Resident – If you're in Jersey for fewer than six months, you'll only pay tax on your Jersey-sourced income.
Double Taxation Agreements
Jersey has double taxation agreements (DTAs) with several countries, including the UK. This ensures that income earned abroad or in Jersey is not taxed twice. If you are moving from a country with a DTA in place, this can significantly reduce your tax liability on income that is taxed in both jurisdictions.
Estate and Inheritance Tax
Jersey does not have inheritance tax or capital gains tax, making it an attractive location for wealth accumulation and long-term residency. However, certain taxes might apply if you hold assets in other countries.
Final Thoughts for Medical Professionals
Jersey’s tax system offers a low, flat tax rate, exemptions, and social security contributions that, when understood properly, provide a financially attractive environment. With its world-class healthcare infrastructure and lifestyle benefits, Jersey is an appealing location for consultants and specialists.
At IMG Connect, we understand that relocating to a new country can be daunting, especially when it comes to navigating tax systems. That’s why we provide tailored advice and support, so you can focus on what really matters – advancing your career and enjoying your new life in Jersey.
Relevant Jobs
JOB REQUIREMENTS AND DETAILS
- FRCPath or equivalent and Full GMC Registration are required.
- The salary will be competitive and dependent on experience.
CORE DUTIES OF THIS ROLE
- Provide histopathology services for diagnostics.
- Participate in the Bowel Cancer Screening Programme.
- Collaborate in academic and educational activities.
- Contribute to digital Histopathology system development.
LIFE IN THE REGION
The position is based in a city offering a mix of urban amenities and scenic rural living options. Families will find excellent schools, easy access to transport, and a range of leisure activities. The region has a rich cultural and historical significance.
An NHS district general hospital in the North of Scotland is looking for a Consultant Clinical Oncologist with an interest in Lung, Head & Neck, or Breast cancer. The oncology department comprises a team of 7 consultants and is supported by a large team of middle grade doctors. This Clinical Oncology job is open to both international applications and UK-based doctors, though those with European Specialist or FRCR (or equivalent) are most encouraged to apply.
Anyone requiring portfolio support (formally known as CESR) can have their required support discussed on a case by case basis.
JOB REQUIREMENTS AND DETAILS
FRCR, full GMC registration with specialist registration or within 6 months of CCT, along with broad experience in prescribing radiotherapy and SACT, are required for this role, and anyone with an interest in Lung, Head & Neck, or Breast radiotherapy should apply. The salary will be between £107,144 and £142,369 dependent on experience or grade.
CORE DUTIES OF THIS ROLE
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Manage a subspecialty caseload in Lung, H&N or Breast radiotherapy, delivering high-quality care and treatment planning.
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Participate in MDT meetings, clinical governance, research and teaching activities.
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Contribute to acute oncology on-call cover and peripheral clinics across the region.
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Lead or support the development of new services or innovations in clinical delivery within the department.
LIFE IN THE SCOTTISH HIGHLANDS
This job is based in the Scottish Highlands, a region known for both its bustling city of Inverness and rural escapes like Beauly or Fort Augustus.
The Highlands offer excellent schools, strong transport links including rail and air connections, and year-round recreational options from hiking to arts festivals. The city also has a vibrant cultural and social scene for families and professionals alike.
Rich in heritage, the Highlands are home to some of Scotland’s most renowned history—from clan culture to castles—making this region both a scenic and significant place to live and work.
HOW WILL IMG CONNECT SUPPORT YOU?
When applying with IMG Connect you’ll have the full support of an expert recruitment team who will be your recruitment and relocation partners throughout the process. We\'ll support you with:
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CV Preparation with a bespoke session with one of our specialists
-
Application support with expert knowledge of NHS specialisms & recruitment practice
-
At least two video calling interview preparation sessions
-
Contract and offer negotiations for salary, relocation packages, tenure and more
Once you have accepted your new role, you’ll then be supported and led throughout by one of our dedicated relocation executives who will guide you through all the way to starting to your new role including:
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Document gathering and checking COS and Visa Application support if applicable
-
Support sourcing short- and long-term accommodation
-
Travel Arrangements Family support for finding schools and any other aspects of pastoral care
An NHS acute hospital in the South East is looking for a Specialist Acute Physician with an interest in Same Day Emergency Care and Ambulatory Medicine. The Acute Internal Medicine department comprises a team of 13 consultants and is supported by a large team of middle grade doctors. This Acute Medicine job is open to both international applications and UK-based doctors, though those with European Specialist or MRCP (UK) qualifications are most encouraged to apply.
Anyone requiring portfolio support (formally known as CESR) can have their required support discussed on a case by case basis.
JOB REQUIREMENTS AND DETAILS
MBBS or equivalent, full GMC registration, MRCP, and a minimum of 4 years’ post-graduate NHS experience (with at least 2 years in Acute Medicine) are required for this role, and anyone with an interest in expanding SDEC and short stay services should apply. The salary will be between £96,990 - £107,155 dependent on experience or grade.
CORE DUTIES OF THIS ROLE
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Provision of the Acute Internal Medicine service, including same day emergency care, inpatients on the AMU, and the Short Stay Unit
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Receiving referrals from primary care to provide clinical advice and triage for potential admissions
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Supervision of junior doctors and alternative workforce, including advice on treatment plans
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Participation in clinical education and governance activities, and supporting development of the department
LIFE IN THE SOUTH EAST
This role is based in a major coastal city in the South East, with nearby living options ranging from lively urban centres to scenic rural towns. The region offers strong transport connections, reputable schools, and a wide range of leisure pursuits including historic attractions, beaches, and outdoor activities. Known for its maritime heritage, this area has longstanding ties to British naval and defence history.
HOW WILL IMG CONNECT SUPPORT YOU?*
When applying with IMG Connect you’ll have the full support of an expert recruitment team who will be your recruitment and relocation partners throughout the process. We\'ll support you with:
CV Preparation with a bespoke session with one of our specialists
Application support with expert knowledge of NHS specialisms & recruitment practice
At least two video calling interview preparation sessions
Contract and offer negotiations for salary, relocation packages, tenure and more
Once you have accepted your new role, you’ll then be supported and led throughout by one of our dedicated relocation executives who will guide you through all the way to starting to your new role including:
Document gathering and checking COS and Visa Application support if applicable
Support sourcing short- and long-term accommodation
Travel Arrangements Family support for finding schools and any other aspects of pastoral care
An NHS teaching hospital in the West Midlands is looking for a Locum Consultant in Microbiology with an interest in clinical microbiology, infection control, and antimicrobial stewardship. The Microbiology department comprises a team of 5 consultant microbiologists and is supported by a large team of middle grade doctors. This Microbiology job is open to both international applications and UK-based doctors, though those with European Specialist or FRCPath qualifications are most encouraged to apply.
Anyone requiring portfolio support (formally known as CESR) can have their required support discussed on a case by case basis.
JOB REQUIREMENTS AND DETAILS
FRCPath (or equivalent) and significant experience in microbiology and infectious diseases are required for this role, and anyone with an interest in antimicrobial stewardship and infection control should apply. The salary will be between £105,504 and £139,882 dependent on experience or grade.
CORE DUTIES OF THIS ROLE
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Provide clinical microbiology advice for inpatients and outpatients, including infection control and antimicrobial therapy recommendations.
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Participate in multidisciplinary team meetings such as OPAT, diabetic foot, and spinal infection MDTs.
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Be part of a 1:7 on-call rota, providing microbiology advice out-of-hours to hospital and community services.
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Contribute to laboratory report validation, audit activities, and CPD, including teaching junior doctors and medical students.
LIFE IN STOKE
This role is based in Stoke-on-Trent. Many staff choose to live in Stoke itself for urban convenience, or in nearby towns like Stone or rural Cheshire for a quieter lifestyle. The area is well-served by excellent transport links, schools, and local amenities, with plenty of leisure activities including country parks, theatres, and restaurants. Stoke-on-Trent has a rich industrial heritage and is famously known as the heart of the UK’s pottery industry, offering cultural and historical interest alongside modern healthcare innovation.
HOW WILL IMG CONNECT SUPPORT YOU?
When applying with IMG Connect you’ll have the full support of an expert recruitment team who will be your recruitment and relocation partners throughout the process. We\'ll support you with:
-
CV Preparation with a bespoke session with one of our specialists
-
Application support with expert knowledge of NHS specialisms & recruitment practice
-
At least two video calling interview preparation sessions
-
Contract and offer negotiations for salary, relocation packages, tenure and more
Once you have accepted your new role, you’ll then be supported and led throughout by one of our dedicated relocation executives who will guide you through all the way to starting to your new role including: -
Document gathering and checking COS and Visa Application support if applicable
-
Support sourcing short- and long-term accommodation
-
Travel Arrangements Family support for finding schools and any other aspects of pastoral care
An NHS teaching hospital in the North of England is looking for a Consultant in Medical Oncology with all interests considered. The oncology department comprises a team of consultants and is supported by a large team of middle grade doctors. This Medical Oncology job is open to both international applications and UK-based doctors, though those with European Specialist Registration or MRCP (UK) are most encouraged to apply.
Anyone requiring portfolio support (formally known as CESR) can have their required support discussed on a case-by-case basis.
JOB REQUIREMENTS AND DETAILS
Full GMC registration with a licence to practise and inclusion (or eligibility within 6 months) on the Specialist Register in Medical Oncology are required for this role. The salary will be between £105,504 and £139,882 dependent on experience or grade.
CORE DUTIES OF THIS ROLE
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Manage and treat patients with cancers as part of the site-specific MDTs.
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Provide on-call and acute cover for oncology inpatients and new inpatient referrals on a rotational basis (1 week out of 8).
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Attend weekly multi-disciplinary meetings.
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Hold an honorary lecturer position at a local medical school and participate in undergraduate teaching.
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Participate in clinical research as appropriate.
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Train and teach specialty trainees in medical oncology.
LIFE IN THE NORTH OF ENGLAND
This role is based in the North of England, a region that offers the perfect balance of urban convenience and rural charm. Residents can enjoy city living in York or find quieter settings in the nearby countryside and villages. The area boasts outstanding schools, excellent transport links, and a wide variety of cultural, sporting, and outdoor activities. With its strong ties to Britain’s industrial heritage and the beautiful countryside on its doorstep, the North of England is a popular choice for healthcare professionals relocating to the UK.
HOW WILL IMG CONNECT SUPPORT YOU?
-
CV Preparation with a bespoke session with one of our specialists
-
Application support with expert knowledge of NHS specialisms & recruitment practice
-
At least two video calling interview preparation sessions
-
Contract and offer negotiations for salary, relocation packages, tenure and more
Once you have accepted your new role, you’ll then be supported and led throughout by one of our dedicated relocation executives who will guide you through all the way to starting to your new role including:
-
Document gathering and checking
-
COS and Visa Application support if applicable
-
Support sourcing short- and long-term accommodation
-
Travel Arrangements
-
Family support for finding schools and any other aspects of pastoral care
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