The Revenue Service is responsible for the collection of income tax and social security contributions throughout the Bailiwick of Guernsey.
If you have just arrived in Guernsey you will need to register with us and you should do this as soon as possible.
All of the islands in the Bailiwick are subject to income tax, except Sark and Jethou. Everybody has to pay income tax as it helps to support and develop the infrastructure of our islands, without which the essential services that we all use would not function.
The deadline to submit your calendar year 2019 return has been extended to 28 February 2021. Please read the media release for more information.
- The income tax rate is 20%, and Guernsey has no inheritance or capital gains taxes, however, the tax you pay depends on your residential status, which is set out in the Income Tax Law.
- The amount of tax you can pay is capped to a maximum of £260,000, however there is an alternative cap for new residents to Guernsey of £50,000, providing you have paid £50,000 or more in document duty on the purchase of an Open Market Property. More detailed information on this subject can be found here.
- The tax year is the same as the calendar year, 1 January to 31 December, and unless a request for separate assessments is made, couples who are married or in a civil partnership are taxed together.
- You can request a Coding Notice here.
- Unless you get told otherwise, you will need to complete a personal tax return each year, these returns are available to to complete online.
- If you are a locum working in Guernsey click here for more detailed information.
- The standard rate of income tax for companies is 0%, although some sources are chargeable at different rates. please click here for more detailed information.
- Rules relating to economic substance have been introduced, for companies resident in Guernsey, this has been effective for all accounting periods starting on or after 1 January 2019.
- It is mandatory for companies to complete a return online.
- If you are Starting up in Business please visit our page for further information.
For more information on income tax for Businesses, Pensions and to view our Statements of Practice or to access any form you may need please click here.
The Social Insurance Scheme applies to all individuals who live in Guernsey, Alderney, Herm and Jethou and are of school leaving age. Self-employed and non-employed customers in Guernsey and Alderney who have been impacted financially by the COVID-19 pandemic are being given the option to have their social security contributions for 2020 based on their income for the current year. More detailed information can be found here.
Paying contributions gives you and your family insurance protection and the payments you make entitle you to claim various benefits.
Contributions are based on whether you are Employed, Self-Employed or Non Employed. If you are employed, your employer will pay your contributions on your behalf. More information on each class can be found here.
It is important that you keep the Revenue Service informed of any change in your circumstances. You may find our Frequently Asked Questions helpful.