Guernsey, Channel Islands

Individual - Other taxes

Last reviewed - 21 June 2022

Social security contributions

Both employers and employees are subject to social security based on employees’ gross earnings.

Employees are subject to social security at a rate of 6.8% of their gross earnings, up to a monthly earnings limit of GBP 13,117 for 2022.

Employers are subject to social security at a rate of 6.7% of gross earnings, up to a monthly limit of GBP 13,117 per employee per month for 2022.

A self-employed individual is subject to social security at a rate of 11.3% of gross earnings, up to a maximum weekly contribution of GBP 342.05 for 2022.

Consumption taxes

Value-added tax (VAT)

Guernsey does not operate a VAT or goods and services tax (GST).

Net wealth/worth taxes

There are no net wealth/worth taxes in Guernsey.

Inheritance tax

There is no inheritance tax in Guernsey.