The Island is also responsible for about £2.5 billion in taxes that go directly into the coffers of Her Majesty’s Revenue and Customs each year.
And it is further responsible for the investment of over half a trillion pounds into the UK.
The report says the tax contribution far outweighs any estimated tax losses, which are calculated at a maximum of about £0.6 billion a year.
But the authors of the report entitled Jersey’s Value to Britain say that figure is likely to be much lower.
