How much tax will I pay in Guernsey?

Guernsey includes all the islands in the Bailiwick, except Sark (including Brecqhou and Jethou) for income tax purposes and the income tax rate is 20%. general guide to Guernsey income tax [279kb] for more information. The deadline for submitting the calendar year 2021 return was Friday 17 March 2023.



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Individuals resident and either solely or principally resident in Guernsey are taxable on their worldwide investment income, subject to an overall cap on non-Guernsey source income of GBP150,000, plus tax on Guernsey-source income at 20 percent, or alternatively a tax charge on worldwide income of GBP300,000.

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The Cayman Islands don't have a corporate tax and act as a haven for multinational corporations to shield some or all of their incomes from taxation. The Cayman Islands do not impose taxes on residents and are considered tax neutral.

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The true tax benefits of relocating to Guernsey
  • Corporation tax is set at zero*
  • There is no capital gains tax, inheritance tax, VAT or withholding tax.
  • A flat rate of 20% income tax applies.
  • Taxes on local property (akin to rates) are low compared with other jurisdictions.


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Anyone is able to be in Guernsey for up to 90 days within a 12 month period (starting from their first arrival into the island of Guernsey) without needing to hold a Permit or Certificate. This allows you to stay in tourist registered accommodation or stay as a guest in someone's house where they are living.

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The cost of living in the Channel Islands is 'generally' more expensive compared to the UK or other nearby EU countries.

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