The deadline for filing 2022 partnership returns has been extended until 29 March 2024. This is in recognition of 2022 being the first year of filing for the majority of partnerships. This extension applies only to partnership returns and the deadline for submission of all other tax returns remains 29 February 2024.
Partnerships may be a formal structure, such as limited partnerships and limited liability partnerships, formed in Guernsey or outside of Guernsey (foreign partnerships). However, a partnership will also exist where two or more persons carry on business in Guernsey with the view of obtaining profit (general partnership). For more information on the definition of partnership you can read the legislation here
If you are in partnership, you will need to register with the Revenue Service using the registration form in the downloads section of this page.
With effect from 30 June 2021, all partnerships are required to register with the Revenue Service. You will also be required to complete an online partnership tax return. Read more about these requirements in the GSCCA Circular 20.
You will need to register before you complete your 2022* tax return (which will be available in 2023)
*If you are a new partnership, which started after 30 June 2021, you may elect to do a shorter accounting period for 2021. In which case, you will need to register and complete a 2021 Partnership return by 28 February 2023.
After completing and submitting the registration form you will receive a letter advising you of your tax reference number and your filing obligations.
To do this go to Company Tax Returns - States of Guernsey (gov.gg) and follow the steps indicated on the page to register and set up your login details.
For more information on Economic Substance requirements, please go to www.gov.gg/economicsubstance.
If a partnership has been dissolved, it will not be required to register if you are able to confirm to the Guernsey Revenue Service that it never traded and had no income or expenses. However, if the partnership was active and generated income from its investments, it will be required to register and file a Guernsey corporate return.
Contact us
If you require further support, please email us at revenueservice@gov.gg with the subject matter 'Partnerships'.
