Tax in Guernsey
Last reviewed: · by TaxProsRated editorial
TL;DR
Guernsey's Revenue Service administers personal income tax at flat 20 percent (with cap framework), corporate income tax under 'Zero/Ten' regime (0/10/20 percent depending on activity), and no general sales tax. Pillar Two QDMTT effective 1 January 2025.
Tax authority
Revenue Service under the States of Guernsey [SC1]. Substantive law: Income Tax (Guernsey) Law 1975 (as amended).
Filing framework
Tax year is the calendar year. Personal annual returns due 30 November.
Residency
Residents are physically present 91+ days OR principally resident OR solely resident under specific tests [SC2]. Worldwide income.
Personal income tax
Flat 20 percent. Tax cap available for high-net-worth individuals: GBP 130,000 for non-Guernsey-source income, GBP 260,000 for total income (specific eligibility). Social insurance contributions apply.
Corporate tax
'Zero/Ten' regime mirroring Jersey: 0 percent standard; 10 percent for banking/fund administration/insurance; 20 percent for utility/regulated retail/large property. Pillar Two QDMTT 15 percent for in-scope MNE groups for fiscal years from 1 January 2025.
Indirect tax
No general sales tax/GST/VAT. Document Duty applies on real-estate transfers.
Cryptoassets
Guernsey Financial Services Commission framework for virtual-asset activities.
Treaties
Approximately 12 active full DTTs plus extensive TIEAs. CRS adopter.
Frequently asked
What is the Guernsey personal income tax rate?
Flat 20 percent. Tax cap for HNW individuals: GBP 130,000 for non-Guernsey-source income, GBP 260,000 for total income (specific eligibility).
What is the Guernsey corporate tax framework?
'Zero/Ten' regime: 0 percent standard; 10 percent banking/fund admin/insurance; 20 percent utility/regulated retail/large property. Pillar Two QDMTT 15 percent for in-scope MNE groups for fiscal years from 1 January 2025.
Does Guernsey have VAT?
No general sales tax/GST/VAT. Document Duty applies on real-estate transfers.
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The figures, dates, and rules on this page are sourced from the documents listed below. Where two sources disagree, both are listed.
- Revenue Service (Guernsey) · accessed
- States of Guernsey · accessed
Important disclaimer
Informational only — not tax advice. This page summarises publicly available information about tax in Guernsey as of May 2026. Tax laws change, individual circumstances vary, and the application of any rule depends on your specific facts.
TaxProsRated does not provide tax, legal, accounting, or financial advice. Before acting on anything you read here, consult a qualified tax professional licensed in your jurisdiction (in the US: CPA, Enrolled Agent, or attorney; in the UK: CIOT- or ATT-qualified adviser; in Australia: TPB-registered tax agent; elsewhere: a locally-licensed equivalent). TaxProsRated, its operators, and its contributors disclaim all liability for action taken in reliance on this page.