GI · EuropeGG · Europe

Gibraltar vs Guernsey: tax rates compared

Gibraltar's income tax rate is 19pp higher than Guernsey's (39% vs 20%). The 200-country average is 28%: Gibraltar sits above it, Guernsey sits below it. Gibraltar's figure is dated 2026-03-10 and Guernsey's 2025-12-17, so the two rates come from different data vintages.

Verified data covers four of the six tracked tax types for both countries; every rate below is cited to its source and dated.

At a glance

0102030405060Income20%39%Corporate0%15%Capital Gains0%Wealth Tax0%
four shared taxes, side by side
Tax GI GGDifference
Income Tax39%20%GI +19 pplargest gap
Corporate Tax15%0%GI +15 pp
Capital Gains Tax0%0%match
Wealth Tax0%0%match

Income Tax

Income Tax, side by side
CountryRateSource
Gibraltar39%Source: PwC Worldwide Tax Summaries — Gibraltar, Individual - Taxes on personal income · as of 2026-03-10
Guernsey20%Source: PwC Worldwide Tax Summaries — Guernsey, Channel Islands, Individual - Taxes on personal income · as of 2025-12-17
Difference+19 ppGibraltar higher

Corporate Tax

Corporate Tax, side by side
CountryRateSource
Gibraltar15%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Guernsey0%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Difference+15 ppGibraltar higher

Gibraltar's corporate tax rate is 15pp higher than Guernsey's (15% vs 0%). The 201-country average is 22.6%: both sit below it.

Capital Gains Tax

Capital Gains Tax, side by side
CountryRateSource
Gibraltar0%Source: PwC Worldwide Tax Summaries — Gibraltar, Individual - Income determination · as of 2026-03-10
Guernsey0%Source: PwC Worldwide Tax Summaries — Guernsey, Channel Islands, Individual - Income determination · as of 2025-12-17
Difference0 ppdisplayed rates match

Gibraltar's capital gains tax rate is identical to Guernsey's — both sit at 0%. The 175-country average is 10.3%: both sit below it. Gibraltar's figure is dated 2026-03-10 and Guernsey's 2025-12-17, so the two rates come from different data vintages.

Wealth Tax

Wealth Tax, side by side
CountryRateSource
Gibraltar0%Source: PWC Worldwide Tax Summaries — Gibraltar (Individual, Other taxes) · as of 2026-03-10
Guernsey0%Source: PWC Worldwide Tax Summaries — Guernsey (Individual, Other taxes) · as of 2025-12-17
Difference0 ppdisplayed rates match

Gibraltar's wealth tax rate is identical to Guernsey's — both sit at 0%. The 193-country average is 0.1%: both sit below it. Gibraltar's figure is dated 2026-03-10 and Guernsey's 2025-12-17, so the two rates come from different data vintages.

Not covered for both countries yet: VAT, Crypto Tax.