Guernsey tax rates
Europe · headline statutory rates, 2025 · Low tax
In Guernsey, the top statutory personal income tax rate is 20% (ranked #73 of 96 countries), the headline corporate income tax rate is 0%, and the standard VAT/GST rate is No VAT; 0% corporate tax for most companies. Capital gains for individuals are treated as: No capital gains tax. Overall it reads as a low tax jurisdiction on headline rates — low headline rates overall. These are statutory top rates, not the effective tax most people pay, and not tax advice — verify with Guernsey's official tax authority.
Source: PwC Worldwide Tax Summaries. Data as of June 2026.
Guernsey tax rates at a glance
| Tax | Guernsey |
|---|---|
| Top personal income tax rate | 20% |
| Corporate income tax rate | 0% |
| Standard VAT / GST | No VAT; 0% corporate tax for most companies |
| Capital gains (individuals) | No capital gains tax |
| Employee social security | Employee 6.8% social insurance |
Source: PwC Worldwide Tax Summaries. Data as of June 2026.
Headline statutory rates (2025), compiled from PwC Worldwide Tax Summaries and cross-checked against OECD / Tax Foundation data. Rates change — confirm with the official tax authority before relying on them. This is not tax advice.
What these Guernsey rates mean
The figures above are headline statutory rates: the top marginal personal income tax rate, the standard (not reduced) VAT/GST rate, and the main corporate rate. The top 20% income tax rate only bites on income above the highest bracket — the effective rate an average earner pays is lower. There is no broad VAT/GST — no vat; 0% corporate tax for most companies. Always layer in social security (Employee 6.8% social insurance) and any local taxes for a full picture.
How Guernsey ranks
| Measure | Guernsey | Rank (1 = highest) |
|---|---|---|
| Top personal income tax | 20% | #73 of 96 |
| Corporate income tax | 0% | #91 of 96 |
| Standard VAT/GST | No VAT; 0% corporate tax for most companies | — |
Countries with a similar tax level to Guernsey
The five countries closest to Guernsey on overall headline tax level:
| Country | Top income tax | Corporate tax | VAT/GST |
|---|---|---|---|
| Guernsey (this country) | 20% | 0% | No VAT; 0% corporate tax for most companies |
| Andorra | 10% | 10% | 4.5% |
| Jersey | 20% | 0% | 5% |
| Kuwait | 0% (no personal income tax) | 15% | No personal income tax; no VAT yet |
| Oman | 5% | 15% | 5% |
| Bermuda | 0% (no personal income tax) | 15% | No personal income tax; 15% corporate tax for large MNEs from 2025 |
Frequently asked questions
What is the income tax rate in Guernsey?
The top statutory personal income tax rate in Guernsey is 20%. This is the highest marginal rate, which only applies above the top income threshold — most taxpayers pay less. It ranks #73 of 96 countries in our dataset by top rate. Headline rate as of 2025; verify with the official tax authority.
What is the corporate tax rate in Guernsey?
Guernsey's headline corporate income tax rate is 0%, ranking #91 of 96 by headline corporate rate. Effective rates can differ with incentives, surcharges and local taxes. Verify with the official authority.
Does Guernsey have VAT or sales tax?
Guernsey has no standard VAT/GST in our dataset (No VAT; 0% corporate tax for most companies).
Is Guernsey a high-tax or low-tax country?
On headline statutory rates, Guernsey looks like a low tax jurisdiction — low headline rates overall. This is a rough signal from top rates only, not the effective tax an average person or company pays. Tax residency, deductions and treaties change the real picture. Not tax advice.
Keep exploring
Sources & accuracy
Headline rates for Guernsey from PwC Worldwide Tax Summaries, cross-checked with the OECD and Tax Foundation. Data as of June 2026; reflects roughly the 2025 tax year. These are statutory headline rates, not effective rates, and this page is general information, not tax advice — verify with Guernsey's official tax authority and a qualified adviser before acting. See our methodology and disclaimer.
Last updated: 2026-06-20