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FAQs
FAQs
Frequently Asked Questions
What do I do if I get married?
You will need to inform us of your change of circumstances - we will require the name of your spouse and the date your marriage took place.
Separate returns must be completed for the year in which you marry and assessments will be issued to each of you individually. For following years a return will need to be made by the husband and must include income for both spouses. Assessments will also be made in the name of, and issued to, the husband.
Either spouse can, however, request to be assessed separately, but this request must be received in writing, by 31st March in the year following your marriage or by 31st March in the year you wish it to commence. If you are assessed separately, you will each complete your own tax return and your tax affairs will be kept separate.
Please remember to quote your tax number on all correspondence, or have it ready if telephoning or calling in, in person.
What do I do if I separate?
You will need to contact us, in writing, to confirm the date of separation. Ideally this should be signed by both parties. Revised coding notices will, if appropriate, be issued to reflect the change in your circumstances, and your income tax affairs will be kept separate from this date.
Please note: The separation date required is the date you ceased to co-habit as man and wife, not the date of your legal separation.
Please remember to quote your tax number on all correspondence, or have it ready if telephoning or calling in to this office.
I am a single parent - can I claim additional allowances?
There is an allowance available in addition to the personal allowance and it will be granted to those who have children in the following circumstances:
· To a lone parent (who is not cohabiting) and is in receipt of Guernsey Family Allowance.
· To a lone parent who has a child in full time higher education.
· To a married person who maintains or employs a person for the purposes of having charge and care of a child, because their spouse was totally incapacitated for the whole calendar year.
Please note: Only one Charge of Child Allowance can be claimed, irrespective of the number of children in the family.
What should I do if I want to claim tax relief for my Guernsey mortgage interest?
Once you have purchased your property, please download the checklist on purchasing a property (ref 357) that you will find at the bottom of this page.
Once completed, please return the form to this office and a coding notice, if appropriate, will be issued to reflect the change in your circumstances.
Please remember to quote your tax number on all correspondence, or have it ready if telephoning or calling in to this office.
My mortgage in respect of my Guernsey home (Private Principal Residence) is over £400,000 - how is the relief calculated?
The formula to be used is:
Interest paid x 400,000
Average of outstanding balances on mortgage at beginning and end of the year
An example:
Interest paid during calendar year 2010 £ 26,000
Outstanding balance on 01/01/10 £512,000
Outstanding balance on 31/12/10 £491,000
£1,003,000 ÷ 2 = £501,500 = average
So the calculation would be done as follows:
£26,000 x 400,000 = £20,738 interest allowed as a deduction
£501,500
Please note: If a property is owned jointly by a married couple or by two single people, the restriction to £400,000 will still apply.
How does my Coding Notice Work?
A Coding Notice is an instruction issued by the Income Tax Office to your employer or pension payer, which advises them of the tax free allowance to give, before deducting tax at 20%.
An example of how this is calculated is below:
Gross monthly pay £2,000.00
Less monthly allowance per the Coding £ 754.00
Taxable pay £1,246.00 x 20% = £249.20 tax
The full coding notice guide can be downloaded at the bottom of this page.
How do I keep my Coding Notice up to date?
By writing to:
States of Guernsey Income Tax
PO Box 37
2 Cornet Street
St Peter Port
Guernsey
GY1 3AZ.
Or by sending an e-mail to enquiries@tax.gov.gg
Or by telephoning this office on 724711, between the hours of 8.30am and 4.00pm, and speaking to your assessor.
Or by calling in to this office in person, between the hours of 8.30am and 4.00pm.
Please remember to quote your tax number on all correspondence, or have it ready if telephoning or calling in to this office.
Document downloads
Checklist on buying property (form 357)
Form 357
Coding Notices Guide
CN
Complaints Procedure
Your rights to make a complaint
The Director (Income Tax)
(Opening Hours - 8.30am to 4.00pm Mon- Fri) , Income Tax Office, PO Box 37, 2 Cornet Street, St Peter Port, GY1 3AZ, GuernseyTel: +44 1481 724711 Fax: +44 1481 713911
Email: enquiries@tax.gov.gg
