Catch up on the latest Collenette Jones, Guernsey news and views.

Accounting is interesting!

11 September 2018

Whether or not you agree with this statement (and let’s be honest, there are probably not many people that do) it has at least encouraged you to read this far.

WANTED - team member for island's worst kept secret!

23 April 2018

Collenette Jones' trust team is one of the island's worst kept secrets for quality, proactive and good value Retirement Annuity Trust administration services. We're looking for a full time qualified trust administrator to join our small but busy team who look after a portfolio of about 260 Retirement Annuity Trusts, a multi-member pension scheme and a handful of traditional discretionary trusts.

Want to be part of the team?

12 September 2017

The successful applicant will need to be friendly, approachable and be able to deal with people from all walks of life. The position is for 21 hours per week (Wednesday – Friday, 9am – 5pm).

Collenette Jones sponsor Island Games footballer

22 June 2017

Collenette Jones is excited to be sponsoring 21-year old Guernsey FC and Vale Recreation FC midfielder Seb Skillen to compete in the 2017 Island Games, playing for the Guernsey Football team

Happy Beginnings

21 June 2017

At Collenette Jones we must have seen hundreds of new business start-ups , many successful but some not. Here are a few key points to consider at the outset.

We're recruiting again....

18 May 2017

Due to the continued growth in the business, we are looking for a qualified accountant (ACA, ACCA or equivalent) to assist with internal accounting, ad hoc projects and client work.

Looking for a home for your pension?

03 November 2016

Are you looking to set up a Guernsey Retirement Annuity Trust (“RATs”)? Or are you and friends/colleagues presently Trustee of your own RATs and want to get it looked after professionally? Or have you been informed by your current professional trustee that it no longer wants your business? Read on to find out more...

Extension of the 20% tax rate... large retailers

30 September 2016

Since 1 January 2016 the company ‘higher’ rate of tax (20%) has applied to “large” retailers, which means those earning profits in excess of £500,000 in a calendar year, and the Tax Office have recently issued guidance on how they intend to impose the charge in practice. This article intends to give a brief summary of the tax rates that apply to Guernsey companies and the businesses and activities that are affected by this change.

Planning early for succession

30 March 2016

Other than the bigger UK and international businesses, there are few Guernsey businesses that have been around for more than one or two generations. Some businesses fail because their products or services are no longer needed or because they have suffered some calamity. But there are many which just fade away because their owners have failed to do any proper succession planning.

Being an Accountant is the Most Interesting Job in the World

11 February 2016

If you ask somebody to describe an accountant, I almost guarantee that ‘interesting’ will not rank high on their list of adjectives. Read on to let us prove this wrong!

Introducing the Granite RATS....

03 November 2015

Have high costs and too many choices put you off starting saving for your pension? Well don't be put off any longer, the Granite RATS is here!

Not just a bean counter....

30 September 2015

Gareth explores why it is important that business owners form strong and in depth relationships with their accountants.

Extension of the 10% tax rate – Fund Administration Businesses

20 July 2015

The Income Tax Office have recently issued guidance, in the form of a Statement of Practice, on the further extension of the 10% tax rate (“the 10% rate”) to Fund Administration Businesses.

Investing in UK Property… it’s a taxing decision!

14 July 2015

Hidden in the detail of the UK Government’s recent budget announcement were proposals to extend the scope of another UK tax to non-UK owners of UK residential property – this time, Inheritance Tax (IHT).

A Changing World: Capital Gains Tax in Guernsey?

06 April 2015

Capital Gains Tax is now a consideration for Guernsey residents when investing in UK residential property. This article touches on some of the key points local residents might want to bear in mind, the rates of tax applied to capital gains made by individuals and companies, and simple steps that can be taken to protect historic gains from the hands of the UK tax-man.

To audit, or not to audit - that is the question...

15 May 2014

An audit used to be an annual process that all companies went through. Since 2008, most Guernsey companies have the option of becoming “audit exempt”. However, there are still many situations where a voluntary audit, or some other formal review of financial statements and systems, can be beneficial.

New at Collenette Jones - cloud accounting!

27 February 2014

Do you find you spend more time struggling to keep up to date with your accounting and keeping adequate records? If so click on the link below - the solution may be at hand!

Required Changes to the Company’s M&A

02 July 2013

This article allows access for our clients to Crossways Trustees Limited proforma Memorandum and Articles of Association

Changes to Guernsey’s Corporate Tax Regime

13 March 2013

This article provides a summary of the changes to how a Guernsey company’s profits are taxed with effect from 1 January 2013.

New year's resolution - saving for your pension

17 January 2013

If you're considering ways of saving for your pension, a Guernsey Retirement Annuity Trust ("RAT") could be the ideal tool for you. Read on to learn more.

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