Author: Joe
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New Accountancy Practice Launch: Neptune Tax and Accounts
Today, 2 April 2024, we officially launch our new accountancy practice, Neptune Tax and Accounts. Over the last three months we’ve been busily getting everything in place to enable us to start working for clients straight away on launch day. We have a few clients that have already signed up which is a really positive Read more
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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 Personal tax allowances are withdrawn for high earners and the threshold at which this starts to happen has been reduced from £90,000 to £80,000.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
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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