Information circulated to Guernsey Society of Chartered & Certified Accountants:
- Circular 1 (31 May 2013)
Pre-reminders [187kb]
- Circular 2 (19 November 2013)
Tax returns required for companies with suffix 'M' [313kb]
- Newsletter 1 (8 May 2015)
Online filing [116kb]
- Circular 3 (5 January 2015)
Recent legislative changes effective 1 January 2015 [281kb]
- Newsletter 2 (12 October 2016)
Update to online services for company returns and CSPs [312kb]
- Circular 4 (12 December 2016)
Legislative changes effective from 1 January 2017 [247kb]
- Circular 5 (10 January 2017)
Country by Country Reporting [221kb]
- Circular 6 (8 June 2017)
Rulings - BEPS Action 5 [264kb]
Form 702 - Application for a Guernsey Tax Ruling [631kb]
- Circular 7 (14 November 2017)
Income Tax measures within 2018 Budget [406kb]
- Circular 8 (6 December 2018)
Income Tax measures within 2019 Budget [651kb]
- Circular 9 (21 December 2018)
Corporate residence [474kb]
- Circular 10 (11March 2019/updated 30 October 2020)
Process for notifying changes to corporate residence [427kb]
- Circular 11 (17 June2019)
Proposed changes to economic substance regulations [510kb]
- Circular 12 (22 May 2020)
Interim Tax Assessments for Year of Charge 2020 [405kb]
- Circular 13 (9 September 2020)
Basis of assessment for self- and non-employed individuals for social insurance [518kb]
- Circular 14 (10 September 2020)
Changes to economic substance regulations in respect of self-managed funds [407kb]
- Circular 15 (21 September 2020)
2019 income tax return submission deadline extended to 28 February 2021 [408kb]
- Circular 16 (30 November 2020)
International Financial Reporting Standard (IFRS) 16 - Leases [402kb]
Form 706 - Company Registration Form [627kb]
Form 707 - Company Requesting Non Resident Status Form [617kb]
Codes and Statements of Practice
- Complaints Procedure
Comments, Compliments and Complaints Procedure [271kb]
- Fair Processing Notice
Fair Processing Notice - Income Tax [786kb]
- Document Retention, Destruction and Archive Policy
Document Retention, Destruction and Archive Policy [282kb]
- Information Powers Guide
Information Powers Guide [780kb]
- Retirement Annuity Trust Schemes
Retirement Annuity Trust Schemes [85kb]
- Keeping, Maintaining and Retaining Records for Income Tax Purposes
Keeping, Maintaining and Retaining Records for Income Tax Purposes [663kb]
- Penalties for Incorrect Returns
Penalties for incorrect returns [802kb]
- Penalties for Non-submission of Returns
Penalties for non-submission of returns (Statement of Practice M46) [93kb]
Statements of Practice (Including Interpretations of Law) & Extra Statutory Concessions
Statements of Practice booklet (Oct 2014) [1Mb]
- Statements of Practice published or amended since October 2014 edition of booklet:
B15 - Business expenses - use of home as an office [401kb] (published 2011 and updated 29 October 2020)
B17 - Covid-19 - Payroll co funding and grants [412kb] (published 22 April 2020 and updated 5 October 2020)
C22 - Banking business (including the provision of "credit facilities") [228kb] (published 28 April 2016 and updated 11 December 2017)
C48 - Interaction of company profits and the tax cap [80kb] (published 23 December 2014)
C52 - Corporate residence [84kb] (published 8 April 2015) - in the process of being updated to reflect changes to corporate residence.
C53 - Filing obligations for companies incorporated overseas but controlled in Guernsey [94kb] (published 19 January 2017) - in the process of being updated to reflect changes to corporate residence.
C54 - Fund administration [142kb] (published 24 June 2015)
C55 - Large retail business [463kb] (published 19 September 2016 and updated 22 April 2020)
C56 - Base Erosion & Profit Shifting (BEPS) - Action 5: Improving transparency in relation to rulings [288kb] (published 14 November 2017)
C57 - Investment management services [431kb] (published 12 August 2020)
E40 - Employees on secondment [109kb] (published 26 August 2015)
E45 - Lump sums paid under overseas pension schemes [65kb] (published 16 October 2015)
E48 - Employees working from home [407kb](published 22 April 2020 and updated 29 October 2020)
M12 - Trusts - A trustee's liability to Guernsey income tax [129kb] (published 23 November 2015)
M16 - Foster Carers and Community Foster Carers, Family Link Scheme, family and friends care and Residence Orders [596kb] (published 6 March 2020)
M19 - Guernsey residents - investments in funds [425kb] (published 12 August 2020)
M25 - International Retirement Benefit Schemes [181kb] (published 28 February 2019)
M45 - Section 67 of the Income Tax Law - Legal avoidance [211kb] (published 22 November 2017)
M46 - Penalties for non-submission of returns [95kb] (published 8 December 2016)
M46 - Penalties for non-submission of returns [281kb] (published 26 October 2017)
M50 - Certified accounts [89kb] (published 8 April 2015)
M51 - Availability of double taxation relief for UK tax paid [124kb] (published 21 December 2015)
M52 - Commercial property let with plant and machinery [4kb] (published 6 January 2016)
M53 - Interim Assessments [183kb] (published 11 July 2017)
M54 diffuse mesothelioma payment scheme [492kb] (published 23 September 2020)
R14 - Interpretation of section 3(3)(c) of the Law [108kb] (published 16 October 2015)
R15 - Pro-rating personal and other allowances in the year of arrival in, and permanent departure from, Guernsey [449kb] (published 5 October 2017 and updated 17 March 2020)
R16 Exceptional days to be discounted for individual residence [471kb] (published 23 September 2020)
- If you require an earlier version of the Statements of Practice booklet, please contact the Revenue Service at revenueservice@gov.gg
Policy Letters
Investigation of tax relief for interest paid [707kb] (January 2016)
Revision of Double Taxation Arrangement with the United Kingdom [541kb] (December 2015)
Miscellaneous amendments to income tax legislation [196kb] (September 2015)
International pensions business [102kb] (June 2015)
The Income Tax (Guernsey) (Employees Tax Instalment Scheme) (Amendment) Regulations, 2014 [75kb] (January 2015)
Dwellings Profits Tax
- Dwellings Profits Tax ("DPT") is an anti-speculation tax on property purchases in Guernsey and Alderney.
- DPT was suspended in Alderney with effect from 2008 - follow this link to view the relevant Ordinance.
- DPT was suspended in Guernsey with effect from 2009 - follow this link to view the relevant Ordinance.
Lloyds Underwriters
Monetary values spreadsheet
Appeals
- against assessments
Appealing against an assessment [905kb]
- penalties
Appealing against a penalty for late submission of an income tax return [347kb]