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Jersey applies GST exemption to a small list of goods and services (see Appendix 25B).

The effects of GST exemption are that:

1. Ìý

   •ÌýÌýÌýÌý the goods or services are free of GST at the point of delivery; and

2. Ìý

   •ÌýÌýÌýÌý GST incurred on costs associated with making the exempt supplies (including overhead costs) is not recoverable.

Businesses making only exempt supplies are not required to register for GST.

Businesses making a mixture of taxable and exempt supplies must register for GST if the value of the taxable supplies exceeds the GST registration threshold (see 25.1), and they may elect to register voluntarily if operating below the threshold. These businesses are known as 'partly exempt' and are required to use a partial exemption method when calculating the input tax figures required for disclosure on the periodic GST return.

There are two tests a business should apply to