Jersey Publishes Regulations Providing Temporary Reduction in Employee and Self-Employed Social Security Contributions

Jersey has published the COVID-19 (Social Security – Reduction of Contribution Rates) (Jersey) Regulations 2020, which were made on 9 September 2020. The regulations provide for the temporary reduction in employee and self-employed social security contributions announced in July in response to the COVID-19 pandemic, which includes:
- For employees – a 4% employee contribution rate (instead of 6…