Taxation in Guernsey

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Taxpayers in Guernsey could soon be paying their income tax and social security contributions together. A new system is being proposed which would see one service responsible for the collection of all revenue.

Guernsey looks set to make itself more attractive to high net worth expats with the adoption of a tax cut on open market property worth at least £1.5m ($1.98m €1.7m).

Uncertainty remains over how the States of Guernsey’s transport strategy will be funded after two proposed tax models were rejected.

Guernsey, Jersey and Isle of Man have signed an agreement to share more tax information with the United States of America.

If an individual or company fails to submit their 2012 tax return by 30 November 2013, they will be issued with a reminder of their obligation to comply with the Income Tax Law (unless they have been specifically advised by the Income Tax Office that a return does not have to be submitted by this […]

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