Managers of Wealth Offshore

Economist proposes a new progressive property tax on foreign buyers

The result has been population growth sustained by foreign labour and a population nearing 100,000 residents.

Hundreds gather outside Guernsey States to protest against GST ahead of tax debate

One of those keen to make their views heard, Karen, spoke directly with the President of P&R - Deputy Lindsay de Sausmarez.

Tax measures, citizenship changes and major infrastructure loans approved by Parliament

Parliament approved temporary relief for taxpayers with outstanding VAT liabilities by waiving both late-payment penalties and interest on eligible tax arrears.

Industry group calls for balanced approach to tax reform

The Confederation of Guernsey Industry has called on deputies to ensure that any package of tax reforms strikes the right balance between raising additional revenue

The tax that refuses to die: GST – how did we get here?

By 2022, estimates pointed to an annual funding gap of around £85m if no action was taken.

Guernsey corporate tax reform 2026: key proposals, impacts and strategic insights for Guernsey's international financial sector

Guernsey Registry currently collects fees on an annual basis from companies registered in Guernsey.

Bank income tax revenue up 160 percent

The state received MVR 776 million in bank income tax in the first six months of 2026, and in the same time last year, the state received MVR 294 million.

Removing tax from food could cost £14m - minister

An assessment found those with the lowest household income would save 12% per year compared to the highest household saving 28%.

Wealthy offshore landlords untouched by Federal Budget tax crackdown

ATO data shows non-resident investors have claimed $175 billion in property tax write-offs over the past decade, even as new budget rules tighten the screws on domestic rentvestors.

New tax plan approved with 3.5% tax cut and no GST… in Sark

The higher 7.5% rate will remain firmly in place for open market property transfers.

More than 20 tax reform alternatives up for debate

More than 20 attempts will be made to amend the Policy & Resources Committee’s latest tax reform package when debated by the States next week.

“Why don’t we scrap tax returns?” Deputy proposes radical overhaul to clear 20,000 backlog

Deputy Collins said when it came to “doing tax forms the only way we’re going to catch up is to stop doing it”.

Are GST numbers too sensitive to share? Tax rebels say P&R’s claim “doesn’t hold water”

Deputy Rob Curgenven told Express the Excel spreadsheet used by the committee is not the data protection minefield the public has been led to believe.

“Get on with it”: Business leaders back GST but warn States must cut spending

The business community remains deeply sceptical about the civil service’s willingness to rein in its own costs, insisting that public sector spending cuts must travel alongside new taxes, “not behind” them.

Attempt to delay Guernsey GST decision

Business leaders have urged politicians not to delay a decision on tax reform and warned "continued indecision" was not good for the island.

It’s time for a decision in Guernsey: Joint business leaders tax reform position

The business community has been consulted through the IoD’s recent economic growth work, and has spoken.

CIT winners and losers emerge

Clarien Bank and Bermuda Commercial Bank do not fall in scope since they are not part of international groups.

Rising tax compliance demands create opportunity for financial transformation

“The investment will need to be made, the approach will define whether the outcome is a cost or a benefit,” Cassar Torregiani said.

Revealed: Millions in taxpayer dollars sent offshore to Big Tech

The totals and graphs throughout this article have been updated.

Small businesses behind two-thirds of Britain’s £59 billion tax shortfall

HMRC says tax evasion accounted for 12 per cent of last year’s tax gap