Regtech Super Deduction
The RegTech super-deduction is designed to encourage financial services companies to invest in regulatory compliance technology (RegTech) that aligns with the standards of the Jersey Financial Services Commission (JFSC).
From year of assessment 2024, eligible companies are able to deduct 150% of qualifying expenditures related to the purchase and implementation of RegTech in the year of acquisition. This enhanced allowance is offered to help companies automate the processes and controls required to navigate their regulatory obligations.
The Better Business Support Package
A total £10.6 million of the Better Business Support Package will be used for the Better Business Grant throughout 2025 and 2026. £5.3 million will be available in 2025 and the same amount in 2026.
The grants offer up to 50% matched funding, up to the value of £75,000 for eligible organisations to support projects aimed at improving productivity and skills. This is alongside a dedicated fund for developing the Visitor Economy.
Impact Jersey
The Impact Jersey Innovation Programme offers targeted, flexible funding to help innovators and businesses turn projects into solutions that benefit Jersey’s economy, environment and community.
