Author: Joe

  • Guernsey Budget – Calendar Year 2024

    Personal Tax Allowances The personal tax allowance is going up by £875 to £13,900, an inflationary increase of 6.7%.  Other allowances are also increasing by 6.7% to allow for inflation. Personal tax allowances are withdrawn for high earners and the threshold at which this starts to happen has been reduced from £90,000 to £80,000.  However,… Read more

  • Charities and Not-For-Profit Organisations in Guernsey

    Introduction The compliance regime surrounding the not-for-profit sector was updated in April 2022 to be more in line with international standards.  Changes to the registration criteria and rules surrounding governance have been revisited. Previous thresholds requiring charities and non-profit organisations (“NPOs”) to register have been relaxed.  Some entities managed by corporate service providers and trust… Read more