11/28/2022
Is corporate tax the answer?
Currently, taxes on corporate income make up 10% - approximately £50m - of Guernsey’s annual tax take, even considering the 0% headline rate applied to some enterprises under the zero-10 regime.
Tax
11/22/2022
UK tax rises 'could make IoM more attractive'
Dr Allinson says this could make the Island more attractive to businesses and individuals
11/21/2022
Grant Thornton moves into new Guernsey offices at St James Place
It actually took 24 due to interruptions caused by supply issues due firstly from Covid and then conflict in Ukraine. Whilst unavoidable, our client and the tenant were extremely understanding.
11/16/2022
VAT’s ‘real’ 15% rise since January’s cut
Accounting for the 7.9 percentage change in inflation year-over-year, real VAT receipts grew 4 percent over the quarter and 15.1 percent over the nine months following the policy change.
11/15/2022
Potential tax rises on the poorest ‘of profound concern’, says Sturgeon
The Chancellor’s autumn budget is due on Thursday.
11/15/2022
OEUK: Raising windfall tax could put oil & gas investments at risk and undermine UK’s energy security
As a result, this has the potential to hinder the UK’s energy security along with its transition plans for a low-carbon future.
11/15/2022
Jersey recognised for tax cooperation
The review examined whether jurisdictions have the necessary law, processes and systems in place to ensure that their financial institutions are complying with the standard.
11/14/2022
Hunt warns of ‘a bit more tax’ for all as ministers seek to balance the books
Mr Hunt said he would not be “hiding” any action he chooses to take on the economy when challenged over so-called stealth tax hikes.
11/10/2022
Understanding tax compliance and its impact on businesses
Business risk management has always been a top priority for CFOs and CEOs, but the recent pandemic and macroeconomic climate have made it even more crucial.
11/08/2022
Curaçao tax authorities refund almost 6.5 million guilders to taxpayers
The taxpayer will receive a letter by post or can call the tax authorities.
11/04/2022
20p in £ income tax could be cut to sweeten GST package
The Committee first proposed GST 15 months ago.
11/02/2022
Deputies vote to maintain cannabis tax rate
Several deputies raised concerns that foregoing corporation tax on struggling companies makes little sense given the fact that those taxes only apply when businesses turn a profit.
11/01/2022
10 Countries with Low Taxes You’d Never Expect
Today, we’ll talk about countries that you may think have high taxes, but you can potentially live in those countries with low taxes if you plan it right.
10/31/2022
P&R to be challenged on property tax
But Deputy de Lisle envisages 8% increases for all brackets as a fairer way of sharing the tax burden.
10/31/2022
New tax reference numbers sent out to Guernsey residents being taxed separately
Islanders who receive new tax reference numbers next week are being urged to check their details and keep a record of their new number.
10/28/2022
Opinion: Who is responsible for tax morality?
A multitude of headlines have appeared over the years, naming and shaming large multinationals that have failed to pay all their taxes.
10/25/2022
Wilson: Timely VAT refunds are behind lower collections
Financial secretary assures VAT collection is on trend to be the same year over year
10/25/2022
Tax breaks could encourage more affordable first-time homes
Deputy St. Pier has submitted a second amendment to the 2023 Budget which also relates to housing.
10/24/2022
Forget tax cuts. We need a tax rise – or Britain’s public services will collapse
The idea won’t please those on the right or the left, but Labour must break the taboo and argue for higher tax
10/21/2022
CIG Receives Clean Audit Across 43 Financial Statements
Financial Reporting of the Cayman Islands Government summarises the outcomes and status of the OAG’s financial audits of public bodies for the year ending 31 December 2021