Introduction:
There is much discussion in the private client community about
what a future Labour Government might seek to introduce by way of
fresh taxes. Alongside that, the concern of clients seems to be the
possibility of capital controls being imposed to prevent capital
leaving the sterling area. The question we are asked is
"Could such legislation be imposed on Jersey?".
This briefing seeks to provide some constitutional insights into
that question.
The Present Day:
In recent times the question of whether Jersey and the other
Crown Dependencies have autonomous capacity to govern their own
domestic affairs has come to the fore. This is a substantive
academic issue in its own right but the purpose of this note is to
clarify the key facts and issues surrounding this topic.