Tax in Gibraltar
Last reviewed: · by TaxProsRated editorial
TL;DR
Gibraltar's Income Tax Office administers personal income tax under two elective regimes (Allowance Based at progressive rates or Gross Income Based at flat 20 percent above thresholds), corporate income tax at 12.5 percent (raised from 10 percent on 1 August 2021), and no general VAT/GST.
Tax authority
Income Tax Office under HM Government of Gibraltar [SC1]. Substantive law: Income Tax Act 2010 (as amended).
Filing framework
Tax year 1 July - 30 June. Personal annual returns due 30 November.
Residency
Residents are ordinarily resident or physically present 183+ days [SC2]. Worldwide income; non-residents on Gibraltar-source.
Personal income tax
Two elective regimes. Allowance Based: progressive 17/19/40 percent across bands above personal allowances. Gross Income Based: 20 percent on gross income above threshold (with limited deductions). Filer elects annually.
Corporate tax
12.5 percent flat (raised from 10 percent on 1 August 2021). Utility and energy companies face 20 percent. Pillar Two QDMTT for in-scope MNE groups for fiscal years from 1 January 2025.
Indirect tax
No general VAT/GST. Import Duty applies. Stamp Duty on transactions.
Cryptoassets
Gibraltar Financial Services Commission regulates Distributed Ledger Technology providers under Financial Services (DLT Providers) Regulations 2020 — comprehensive framework predating EU MiCA.
Treaties
Limited DTT network. CRS adopter.
Frequently asked
What is the Gibraltar personal income tax rate?
Two elective regimes. Allowance Based 17/19/40 percent progressive. Gross Income Based 20 percent above threshold with limited deductions. Filer elects annually.
What is the Gibraltar corporate tax rate?
12.5 percent flat (raised from 10 percent on 1 August 2021). Utility/energy 20 percent. Pillar Two QDMTT for in-scope MNE groups for fiscal years from 1 January 2025.
How does Gibraltar regulate cryptoassets?
Gibraltar FSC regulates Distributed Ledger Technology providers under Financial Services (DLT Providers) Regulations 2020 — comprehensive framework predating EU MiCA. No personal or corporate income tax provisions specific to crypto beyond general categories.
Find a tax pro in Gibraltar
Browse credentialed pros serving Gibraltar — filter by specialty, language, and credential type.
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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.
- Income Tax Office (Gibraltar) · accessed
- Government of Gibraltar · accessed
Important disclaimer
Informational only — not tax advice. This page summarises publicly available information about tax in Gibraltar 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.