About our Tax System
For income tax purposes, Guernsey comprises all the islands in the Bailiwick, except Sark (including Breqhou) and Jethou, which have no income tax laws.
Since 1960, companies and individuals have paid income tax at the rate of 20%. There is no separate corporation tax. Guernsey levies no capital gains, inheritance, capital transfer, value added (VAT / TVA) or general withholding taxes.