Tax administration Guernsey, Channel IslandsIndividual - Tax administration Last reviewed - 27 January 2025 Taxable period The tax year is the calendar year. Tax returns Tax returns are required to be filed by the below deadlines: Calendar year 2023: 31 January 2025 Calendar year 2024: 30 Novembe...
Tue 28 Jan 2025 2023 Income Tax returns and Dog Tax are both due this week. Read More Floral Guernsey Award Fri 20 Sep 2024 The Constable's of St Peter Port were delighted to be awarded with the Gold Floral Guernsey Certificate. Rosie Henderson accepted the award on behalf of The Constabl...
Penalties and offences: Similar penalties for the current tax returns apply to the Pillar Two filings. However, instead of penalties of up to £50 per day for late submission, the Pillar Two filings will have a penalty of up to £1,000 by the 30th day of default. Protected Cell Compa...
2.What are the taxes and rates of tax to which an individual is subject in respect of income and capital gains and, in relation to those taxes, when does the tax year start and end, and when must tax returns be submitted and tax paid? The rate of income tax for individuals is 20%....
Verifying employment income through pay slips, tax returns, or employer references confirming salary. Confirming inheritance via probate or legal documentation. Assessing investment income by reviewing dividend statements, property sales records, or portfolio valuations. ...
What are the taxes and rates of tax to which an individual is subject in respect of income and capital gains and, in relation to those taxes, when does the tax year start and end, and when must tax returns be submitted and tax paid? + Does your jurisdiction provide advantageous tax re...
assets or similar, is not treated as a distribution for income tax purposes (and is therefore not taxable in Guernsey), except to the extent that the company has undistributed income, which is treated as being distributed on the share buy-back in priority to any capital and is therefore ...
the Fund’s tax status, or in taxation legislation or practice in either Guernsey or any jurisdiction in which the Fund invests, could affect the value of the investments held by the Fund or the Fund’s ability to achieve its investment objectives or alter the after-tax returns to ...