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Secondary Pension Scheme - Pre-qualification process
Tuesday 22 August 2017

The Committee for Employment and Social Security is pleased to publish an invitation for suppliers to participate in the second step of the procurement process for a Second Pillar Pension Scheme for Guernsey and Alderney.

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Fall in Antibiotic Use
Monday 21 August 2017

Fewer islanders are being prescribed antibiotics in the community in Guernsey and Alderney.

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States to livestream public meeting on L'Ancresse East proposals
Friday 18 August 2017

A second public presentation on the proposed managed realignment of the coast at L'Ancresse is being held at 7.30pm on Tuesday 22nd August.

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weather iconRather cloudy then fair periods overnight. Risk of a shower.
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5 day forecastTide timetables


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Sarnia Cheri Pembroke 09:00 09:00E 


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Commodore Goodwill Jersey/Portsmouth 05:30  
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Mail/Newspapers06:302017-08-24MailNPT22G


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Aurigny06:502017-08-24ManchesterGR670
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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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