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Channel Islands Christmas Lottery First Prize Update
Wednesday 13 December 2017

The guaranteed first prize in this year's Channel Islands Christmas Lottery has now risen to £950,000.

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Community Hubs crucial part of HSC's transformation plans
Tuesday 12 December 2017

Supporting the delivery of effective community care is one of the key aims underpinning the proposed transformation of health and care services, the President of the Committee for Health and Social Care has said.

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Guernsey Armed Forces Covenant to be signed
Monday 11 December 2017

At 2.30pm tomorrow, Tuesday 12th December, the Guernsey Armed Forces Covenant will be signed by the Lt-Governor, the Bailiff and the President, Policy & Resources Committee on behalf of the people of Guernsey.

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weather iconRather cloudy with scattered showers, becoming prolonged at times especially around midday. Some fair periods late afternoon and overnight.
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weather iconRather cloudy with scattered showers, becoming prolonged at times especially around midday. Some fair periods late afternoon and overnight.
High11°CLow4°C
5 day forecastTide timetables


Arrival


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Huelin Dispatch Southampton 06:00  


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ChannelChief Jersey 07:30  
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Arrival


AirlineTimeDateFromFlightStatus
Mail/Newspapers06:302017-12-13MailNPT22G


Departure


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Aurigny07:002017-12-13GatwickGR600
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Income Tax (Guernsey) (Amendment) Ordinance, 2017

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P.2017/33

The States are asked to decide:-

Whether they are of the opinion to approve the draft Ordinance entitled "The Income Tax (Guernsey) (Amendment) Ordinance, 2017", and to direct that the same shall have effect as an Ordinance of the States.

This proposition has been submitted to Her Majesty's Procureur for advice on any legal or constitutional implications in accordance with Rule 4(1) of the Rules of Procedure of the States of Deliberation and their Committees.

EXPLANATORY MEMORANDUM

This Ordinance exempts from charge to Guernsey tax, distributions from the accumulated profits of a company which is not incorporated in Guernsey, and which has not carried on business in Guernsey whether through a permanent establishment or otherwise, nor been used to hold Guernsey investments (other than bank deposits), which arose prior to the date the beneficial member of that company becomes resident in Guernsey, providing the individual has a beneficial interest in the company of 1% or more; and the distribution is made by the end of the second full year of charge since the individual became resident.  It also empowers the Committee to prescribe by regulation any limitations, conditions, restrictions and qualifications it considers necessary.

 

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Income Tax (Guernsey) (Amendment) Ordinance, 2017

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