Guernsey, Channel Islands

Individual - Other taxes

Last reviewed - 06 January 2020

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 12,194 for 2019.

Employers are subject to social security at a rate of 6.6% of gross earnings, up to a monthly limit of GBP 12,194 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 309.54 for 2019.

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.