Guernsey, Channel Islands

Individual - Other taxes

Last reviewed - 01 July 2021

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 6.6% of their gross earnings, up to a monthly earnings limit of GBP 12,805 for 2021.

Employers are subject to social security at a rate of 6.6% of gross earnings, up to a monthly limit of GBP 12,805 per employee per month.

A self-employed individual is subject to social security at a rate of 11% of gross earnings, up to a maximum weekly contribution of GBP 325.05 for 2021.

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.