Taxation

Guernsey is a low tax jurisdiction. Residents pay an income tax of 20% and there is no capital gains tax, no goods or service tax, no estate tax and no value added tax. There is a Dwellings Profit Tax designed to curb speculation in property.

Guernsey has changed its tax system in 2008 and now all companies are taxed at a zero rate. This will bring the island into line with changes in Jersey and the Isle of Man. Guernsey is subject to the European Savings Tax Directive. An individual deriving savings interest from Guernsey sources has the option, if resident in a territory to which the Directive applies, of suffering a withholding tax on his savings interest or to have Guernsey report the interest to the tax authorities in his country of residence. Guernsey is following a path of transparency and openness and has recently signed a number of tax information exchange agreements with EU member countries.
Latest In Taxation

UK Emergency Budget and the implications for British expats


Following announcements from last week Close International comments further on the 2010 UK Emergency Budget and the implications for British expats.
Thursday 29 July 2010
tax agreement

Guernsey signs tax agreement with Portugal

 The States of Guernsey has concluded a further agreement for the international exchange of tax information.
Wednesday 14 July 2010

Close International comments on UK Budget and implications for British expats

 A budget focused on tax rises and spending cuts brings with it a mix of fortunes for British Expatriates.
Thursday 08 July 2010

Ernst & Young comments on first Coalition Government budget

George Osborne delivered the first Budget of the new Coalition Government, emphasising the need to pay for the past and plan for the future.
Wednesday 23 June 2010
Local Market Property
Local Market Properties
VIEW PROPERTY
Local Market Properties
Houses, Flats and Apartments
Price: From £200,000
Open Market Property
Various Properties
VIEW PROPERTY
Various Properties
Houses, and Investments
Price: From £500,000