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.

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!

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

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 in Guernsey.

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).