GG · Europe · GBP
Guernsey
Tax rates
Income Tax
20%
Top statutory rate
Corporate Tax
0%
Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01VAT
0%
Capital Gains Tax
0%
Source: PwC Worldwide Tax Summaries — Guernsey, Channel Islands, Individual - Income determination · as of 2025-12-17Wealth Tax
0%
Not levied
No verified data yet for: Crypto Tax.
Estimate your income tax
Enter a gross annual salary to estimate 2025 national income tax for Guernsey using verified brackets — total tax, effective and marginal rate, net income, and the per-band breakdown. National income tax only; social contributions and sub-national taxes are excluded unless the notes say otherwise. The full calculator covers every country with verified rates.
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Brackets & notes
Income Tax
| Threshold | Rate |
|---|---|
| GBP 0 | 20% |
A Guernsey resident individual may instead elect a cap on total income tax liability: GBP 160,000 on non-Guernsey-source income, or GBP 320,000 if the cap is elected for worldwide income.
Guernsey applies a flat personal income tax rate of 20% on net income after allowances. Certain residents may instead elect an income tax cap of GBP 160,000 on non-Guernsey-source income or GBP 320,000 on worldwide income.
VAT
No VAT or general sales tax is currently levied in Guernsey. A goods and services tax has been proposed as part of a government tax reform package but has not yet been implemented.
Capital Gains Tax
Guernsey imposes no tax on capital gains, so an individual's gain from selling listed securities is not taxed regardless of holding period.
Wealth Tax
No net wealth tax levied. PWC's dedicated "Net wealth/worth taxes" subsection states: "There are no net wealth/worth taxes in Guernsey." Checked the rest of the page for wealth-adjacent capital levies given Guernsey's status as a Crown Dependency: only a document duty (on land transactions/certain instruments) and an inheritance tax subsection appear, neither a general net wealth tax.