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]
- Circular 17 (18 March 2021) 2019 company tax returns [414kb]
- Circular 18 (11 May 2021) Changes to Economic Substance Regulations in respect of partnerships [577kb]
- Company Registration Form [236kb]
- Company Requesting Non Resident Status Form [616kb]
- Circular 19 (13 September 2021) Income Tax (Guernsey) (Amendment) Ordinance, 2021 [212kb]
- Circular 20 (21 December 2021) New tax registration requirement for partnerships [143kb]
- Circular 21 (26 September 2022) Independent Taxation [138kb]
- Circular 22 (12 December 2022) 2023 Budget & Contribution Rates [170kb]
- Circular 23 (28 November 2023) 2024 Budget and Contribution Rates [198kb]
Codes of Practice
Statements of Practice (Including Interpretations of Law) & Extra Statutory concessions
The Revenue Service is currently reviewing all of the published Statements of Practice with a view to ensuring they are all still relevant and are issued in accordance with the Income Tax (Guernsey) Law, 1975, as amended
Statements of Practice published or amended since the October 2014 edition of the booklet above are listed below. These supersede those published in the main booklet.
Business
B1 - Lloyds Underwriters [212kb] (updated 2024)
B2 - Small guesthouses [91kb] (updated 2024)
B3 - Bed and breakfast establishments [99kb] (updated 2024)
B4 - Annual allowances [217kb] (updated 2024)
B5 - Oil burner conversions [203kb] (applies until 31 January 2024)
B7 - Non-Resident Entertainers - Expenses Claims [149kb] (published 1990 and updated 25 November 2021)
B9 - Change of accounting basis [205kb] (updated 2024)
B10 - Terminantion payments - allowance in the employers hands [136kb] (updated 2024)
B11 - Initial allowances for hotels [195kb] (applies until 31 January 2024)
B13 - Website construction costs [191kb] (updated 2024)
B14 - Business Recovery Situations [117kb] (applies until 29 February 2024)
B15 - Business expenses - use of home as an office [101kb] (updated 2024)
B16 - self-employed medical doctors' motor vehicle expenses [206kb] (updated 2024)
B17 - Covid-19 - Payroll co funding and grants [413kb] (published 22 April 2020 and updated 5 October 2020 & 25 February 2021)Company
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 [165kb] (published 8 April 2015 and updated 13 December 2021)
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 [149kb] (published 12 August 2020 and updated 13 December 2021)Employment
E2 - Uniform Cleaning Allowances [123kb] (applies until 31 December 2021)
E3 - Nursing Staff [95kb] (part (a) applies until 31 December 2021)
E6 - Payments to employees passing professional examinations [103kb] (applies until 31 December 2021)
E12 - Benefits in Kind application of the exemption [247kb] (updated 2024)
E15 - Deductions from Emoluments in Relation to Provision of Benefits including Salary Sacrifice [229kb] (updated 2024)
E16 - Controllers of Companies [203kb] (updated 2024)
E 17 Mileage allowance [101kb] (published 25 January 2024)
E18 - Limited Vehicle Benefit Charge [205kb] (published 2024)
E19 - Motor Vehicle Used for a Mixture of Chargeable and Exempt Puposes [102kb] (updated 2024)
E20 - Motor Cars Provision of and Reimbursement for Fuel [198kb] (updated 2024)
E22 - Plant and Machinery Gifted to Employees [96kb] (published 1997 updated 2024)
E23 - Assets Hired by an Employer [91kb] (published 1997 updated 2024)
E24 - Accomodation Payment and Reimbursement of Utility etc Bills [233kb] (published 1997 updated 2024)
E25 - Accomodation repairs to property [191kb] (updated 2024)
E27 - Domestic employees [91kb] (updated 20 December 2022)
E28 - Split employment [100kb] (updated 20 December 2022)
E29 Non-resident employees and directors [104kb] (published 25 January 2024)
E32 - Professional Subscriptions [196kb] (published 1995 updated 2024)
E33 - Exemption of Training Costs [91kb] (updated 2024)
E40 - Employees on secondment [173kb] (applies until 31 December 2021)
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)
E49 Employees in Guernsey minimum periods [242kb] (published 25 January 2024)Interest
I6 - Interest Relief [121kb] (published 22 September 2014 and updated 25 November 2021)Miscellaneous
M11 - Guernsey States Pension [143kb] (APPLIES UNTIL 31 December 2022)
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, Residence Orders and payments made under Supported Lodgings arrangements [142kb] (published 6 March 2020 and updated 29 June 2021)
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 [158kb] (published 8 December 2016 and updated 27 May 2021, 23 June 2021, 31 August 2021)
M48 - Retirement annuity allowance for married couple [132kb] (APPLIES UNTIL 31 December 2022)
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)
M55 - Death in service schemes [109kb] (published 12 January 2022)
M56 - Island Games 2023 [89kb] (published 5 January 2023)
M57 - Independent Taxation and the Open Market Tax Cap [208kb] (published 19 September 2023)
M58 - Open Market and Alderney Tax Cap - claims prior to 1 January 2024 [226kb] (published 2024)Residence
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 [430kb] (published 23 September 2020 and updated 11 May 2021)Under Review
C53 - Filing obligations for companies incorporated overseas but controlled in Guernsey [92kb] (published 19 January 2017) - under review to reflect changes to corporate residence.If you require an earlier version of the Statements of Practice booklet, please contact the Revenue Service at revenueservice@gov.gg
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
Appeals
- against assessments Appealing against an assessment [905kb]
- penalties Appealing against a penalty for late submission of an income tax return [244kb]