Monetary Values
*With effect from 1 January 2017, married persons also include those in a civil partnership
2017
2016
2015
2014
2013
2012
£(pa)
£(pa)
£(pa)
£(pa)
£(pa)
£(pa)
2011
£ (pa)
Allowances
10,000
11,450
20,000
21,450
22,900
Single persons
Single person, entitled to age relief
Married* persons
Married* persons - one entitled to age relief
Married* persons - both entitled to age relief
9,675
11,450
19,350
21,125
22,900
9,675
11,450
19,350
21,125
22,900
9,675
11,450
19,350
21,125
22,900
9,475
11,225
18,950
20,700
22,450
9,200
10,900
18,400
20,100
21,800
9,050
10,700
18,100
19,750
21,400
The Married* persons allowance is reduced by the amount of any 'Wife's earned income allowance'/'Spouse's income allowance'
Wife's earned income allowance
Spouse's income allowance - under the age of 64
Spouse's income allowance - 64 or over
Income level at which 'withdrawal of personal allowance' starts
to take effect (on an individual basis)
Charge of children
Dependant relative
Relative's income limit
Family allowance reduction (per month)
Housekeepers
Infirm persons
N/A
10,000
11,450
9,675
N/A
N/A
9,675
N/A
N/A
9,675
N/A
N/A
9,475
N/A
N/A
9,200
N/A
N/A
9,050
N/A
N/A
138,684
N/A
N/A
N/A
N/A
N/A
N/A
6,775
3,225
6,775
269
3,225
3,225
6,550
3,125
6,550
260
3,125
3,125
6,550
3,125
6,550
260
3,125
3,125
6,550
3,125
6,550
260
3,125
3,125
6,450
3,050
6,425
254
3,050
3,050
6,250
2,950
6,250
246
2,950
2,950
6,150
2,900
6,150
242
2,900
2,900
Retirement Annuity Contracts
Maximum Contributions: lower of £50,000, or, 100% of taxable income, with no difference according to age
Tax-free element of lump sums from pension schemes
188,000 188,000 184,000 183,000 179,000 173,000 167,000
Deductions
400,000 400,000 400,000 400,000 400,000 400,000 400,000
Mortgage interest restriction on amount of loan(s) for principal
private residence (PPR)
Mortgage interest cap on tax relief for a PPR (doubled for
married* couples where each spouse is a borrower)
11,000 13,000 15,000 25,000
N/A
N/A
N/A
Reduction in income
Deed(s) of covenant (maximum allowable relief)
NB: Deed(s) of covenant must be dated prior to 01-01-2010 and not be subsequently amended
1,500
3,000
Single persons
Married* persons
1,500
3,000
1,500
3,000
1,500
3,000
1,500
3,000
1,500
3,000
1,500
3,000
5,000 5,000
5,000
10,000 10,000 10,000
5,000
10,000
5,000
10,000
5,000
10,000
5,000
10,000
Charitable Giving
To Guernsey Registered Charities (maximums; which are reduced
by qualifying deeds of covenant)
Single persons (aggregate qualifying contributions)
Married* persons (aggregate qualifying contributions)
NB: Benefit (25% of qualifying contributions) is paid by the Director of Income Tax directly to the charity - no relief is due to the individual
Page 1 of 4
2017
£(pa)
2016
£(pa)
2015
£(pa)
2014
£(pa)
2013
£(pa)
2012
£(pa)
2011
£ (pa)
Adjustments for living expenses - Hotels &
Guesthouses
Standard scale of living expenses for hotel & guesthouse
proprietors, proprietary directors / proprietary
employees & their dependants
Category 3, 4 & 5 star hotel/guesthouse
Note: The amounts shown are the scale charges for accomodation AND
food; the scale charges for accomodation only are 50% of these
amounts
Note: Where the establishment is open only for part of a year
but the accounts are prepared for the full year, the scale charge
will be increased by 10%
4,490
7,510
Nil
710
2,020
2,970
10%
15%
20%
Single person
Married* person
Children of an age up to 1 year as at 31 Dec
Children of an age 1-4 years as at 31 Dec
Children of an age 5-16 years as at 31 Dec
Children aged 17 years+ in full time education as at 31 Dec
Reduction for second eldest child
Reduction for third eldest child
Reduction for fourth & subsequent eldest child
Category 1 & 2 star hotel/guesthouse
Note: The amounts shown are the scale charges for accomodation AND
food; the scale charges for accomodation only are 50% of these
amounts
Single person
Married* person
Children of an age up to 1 year as at 31 Dec
Children of an age 1-4 years as at 31 Dec
Children of an age 5-16 years as at 31 Dec
Children aged 17 years+ in full time education as at 31 Dec
Reduction for second eldest child
Reduction for third eldest child
Reduction for fourth & subsequent eldest child
4,360
7,290
Nil
690
1,960
2,880
10%
15%
20%
4,240
7,080
Nil
670
1,900
2,790
10%
15%
20%
4,110
6,870
Nil
650
1,840
2,710
10%
15%
20%
3,990
6,670
Nil
630
1,790
2,630
10%
15%
20%
3,990
6,670
Nil
630
1,790
2,630
10%
15%
20%
3,990
6,670
Nil
630
1,790
2,630
10%
15%
20%
Note: Where the establishment is open only for part of a year
but the accounts are prepared for the full year, the scale charge
will be increased by 10%
3,900
6,530
Nil
710
1,750
2,600
10%
15%
20%
3,790
6,340
Nil
690
1,700
2,520
10%
15%
20%
3,680
6,160
Nil
670
1,650
2,450
10%
15%
20%
3,580
5,980
Nil
650
1,600
2,380
10%
15%
20%
3,470
5,800
Nil
630
1,560
2,310
10%
15%
20%
3,470
5,800
Nil
630
1,560
2,310
10%
15%
20%
3,470
5,800
Nil
630
1,560
2,310
10%
15%
20%
25
25
20
20
20
20
20
20
20
20
20
20
20
20
Employed managers (other than proprietary managers) &
other employees
Accomodation (per week or part of a week)
Food (per week or part of a week)
Provision of accomodation or a dwelling or land - other
employees
Unfurnished accomodation / dwelling
Furnished accomodation / dwelling
Benefits in kind explanatory guide - page 17 (% of employee's
assessable emoluments)
15%
15%
15%
15%
15%
15%
15%
17.5% 17.5% 17.5% 17.5% 17.5% 17.5% 17.5%
Page 2 of 4
2017
£(pa)
2016
£(pa)
2015
£(pa)
2014
£(pa)
2013
£(pa)
2012
£(pa)
2011
£ (pa)
10,000
10,000
10,000
9,400
Statements of Practice (SoP)
B2/B3(a) - Small Guesthouses (and B&B establishments)
Limit of takings; where proprietor elects a 40% profit basis (65%
if bed & breakfast only is provided)
15,000 15,000 15,000
B4 - Motor vehicles
Limit of expenditure
TBA
(Purchased on or after 01 January in the year)
25,500 24,000 24,000 23,500 23,000 23,000
B7 - Non-resident entertainers
Allowable (fixed) sum for expenses
2,500
2,500
2,500
2,500
2,500
2,500
2,500
1,022
1,022
1,022
1,022
850
850
850
100
50
100
100
100
100
50
100
100
100
100
50
100
100
100
100
50
100
100
100
100
50
100
100
100
100
50
100
100
100
N/A
50
100
100
100
100
100
100
100
100
100
100
500
500
500
500
500
500
500
30,000
30,000
30,000
30,000
E1(a) - Airline pilots
Deduction for cost of uniforms, renewal of licences and legal
fees, etc
E2 - Uniform cleaning allowances
Allowable deductions for qualifying employees
Airline cabin crew
Post Office Employees
Police Officers & Traffic Wardens
Prison Officers
St John Ambulance Personnel
E3 - Nursing staff
Deduction for replacements of shoes where the wearing of a
prescribed type is obligatory
E6 - Payments to employees passing professional
examinations
Initial (qualifying) amount that is not taxable
E11 - Termination payments
Initial amount that is not taxable
E13 - Cash payments
Lump sum payments made to employees in respect of
duties carried on outside of Guernsey, including
attendances at courses, conferences etc
30,000 30,000 30,000
Amounts under SoP E13 are daily maximums
14
42
141
Incidental expenses allowance
Where bed & breakfast only is provided - a meal allowance
If neither accomodation nor meals are provided
E14 - Meal allowance
14
14
13
13
13
41
41
40
39
38
138
136
133
130
126
Amounts under SoP E14 are daily maximums
12
36
120
4.00
3.00
3.00
3.00
3.00
3.00
3.00
Amounts under SoP E17 are maximum allowances (per mile)
Initial amount that is not taxable (unsocial hours)
E17 - Mileage allowance
0.61
No tax liability if allowance paid is at or below:-
E18 - Limited vehicle benefit charge - reimbursement by
employee in respect of private mileage
0.61
0.61
0.59
0.59
0.56
Amounts under SoP E18 are minimum payments (per mile)
0.61
No tax liability if reimbursement is at or above:
0.61
0.61
0.61
0.61
0.59
0.59
0.55
13,453
5,000
12,940
5,000
11,597
5,000
10,764
5,000
E31 - Removal expenses
13,453 13,453 13,453
5,000 5,000
5,000
A. Disturbance allowance
B. Travelling expenses / temporary accomodation
Amounts under SoP E42 are daily maximums
E42 - Provision of accomodation to temporary employees
See E42 for full heading & requirements
42
Page 3 of 4
41
41
40
39
38
36
2017
2016
2015
2014
2013
2012
2011
£(pa)
£(pa)
£(pa)
£(pa)
£(pa)
£(pa)
£ (pa)
450
2.50
450
2.50
450
2.50
450
2.50
450
3.00
450
3.00
450
3.00
Benefits in kind (explanatory guide)
5.(a) Initial exemption (certain exclusions)
5.(o) Non-transferable meal vouchers
NB: Amounts under 5.(o) are initial daily exemption amounts
Fact sheet 1 - Benefits from motor vehicles provided by
employers for use by employees
(Motor cycles, vans, lorries & other commercial vehicles - NIL)
B. (1) Limited benefit charge - cars
B. (2) Car benefits - Cost of car less than £10,000
- Cost of car £10,000 - £19,999
- Cost of car £20,000 or over (% of cost)
1,185
3,555
5,925
35%
1,150
3,450
5,750
35%
1,115
3,345
5,575
35%
1,080
3,240
5,400
35%
1,050
1,050
1,050
3,150
3,150
3,150
5,250
5,250
5,250
36.75% 36.75% 36.75%
50
50
50
N/A
N/A
N/A
N/A
20%
20%
20%
20%
20%
20%
20%
0%
10%
20%
0%
10%
20%
0%
10%
20%
0%
10%
20%
0%
10%
20%
0%
10%
20%
0%
10%
20%
1,200
1,200
1,200
600
600
600
600
C. Limited benefit (see SoP E.18)
Fact sheet 2 - Provision of accomodation
See page 2 of this document
Bank interest received
Maximum amount allowed before bank interest received is
subject to tax (doubled for married* couples where each party
receives the interest)
Rates of taxation
Personal (after allowances and deductions as appropriate )
Company
Standard rate
Intermediate rate
Higher rate
Exempt company fee
In accordance with The Income Tax (Exempt Bodies) (Guernsey)
Ordinance, 1989 and The Income Tax (Guernsey) (Miscellaneous
Amendments) Ordinance, 2014
Tax cap for individuals
Maximum liabilty - non Guernsey sources (and Guernsey bank
interest; and, income derived from Guernsey exempt collective
investment schemes, which are non-resident for Guernsey tax
purposes) only
110,000 110,000 110,000 110,000 110,000 110,000 100,000
Maximum liabilty - worldwide income
220,000 220,000 220,000 220,000 220,000 220,000 200,000
With effect from 01.01.15, income derived from Guernsey land and property is excluded from the tax cap
Tax cap for individuals - Alderney resident
Income derived from land and property situated in Guernsey
(which, for the avoidance of doubt, includes Alderney) is
excluded from the tax cap
50,000 50,000
N/A
N/A
N/A
N/A
N/A
27,500
27,500
27,500
25,000
Standard charge
In accordance with Chapter IA of Part I of the Income Tax
(Guernsey) Law, 1975
30,000 30,000 27,500
Page 4 of 4