Guernsey Tax Tables 2023 - Tax Rates and Thresholds in Guernsey
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This page contains the tax table information used for the calculation of tax and payroll deductions in Guernsey in 2023. These tax tables are used for the tax and payroll calculators published on iCalculator™ GG, these tools are provided for your free use on our website. If you would like additional tax table information added to the tax calculators for Guernsey or would like to add to or suggest amendments to the information herein then please contact us.
2023 Tax Tables [Quick Links]
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Guernsey Personal Income Tax Tables in 2023
The Income tax rates and personal allowances in Guernsey are updated annually with new tax tables published for Resident and Non-resident taxpayers. The Tax tables below include the tax rates, thresholds and allowances included in the Guernsey Tax Calculator 2023.
Guernsey provides an annual "Standard Deduction" that is deducted from your total income to produce your taxable income in Guernsey in 2023:
Guernsey Standard Deduction in 2023| Residence Status | Standard Deduction |
|---|
| Resident | £ 13,025.00 |
| Non-resident | £ 0.00 |
Guernsey Residents Income Tax Tables in 2023
Personal Income Tax Rates and Thresholds (Annual)| Tax Rate | Taxable Income Threshold |
|---|
| 20% | Flat rate on all taxable income |
Guernsey Non-residents Income Tax Tables in 2023
Personal Income Tax Rates and Thresholds (Annual)| Tax Rate | Taxable Income Threshold |
|---|
| 20% | Flat rate on all taxable income |
In Guernsey, social security deductions made by employees are not deductible when calculating taxable income. This means that the contributions employees make towards social security are included in their gross income and are subject to income tax. Therefore, these social security contributions do not reduce the taxable income of employees, and the overall income tax liability is calculated based on the gross income before any social security deductions are made. This approach is in line with Guernsey's tax system, which does not allow for the deduction of social security contributions from taxable income.
Guernsey Social Security and Payroll Deduction Rates in 2023
In Guernsey, the social security system requires contributions from both employees and employers, which are used to fund various social benefits. The main components of these deductions include contributions towards pensions, health insurance, and unemployment benefits.
Guernsey Social Security in 2023: Rates for Employers and Employees| Category | Employee | Employer | Total |
|---|
| Social Security | 7% | 6.8% | 13.8% |
Guernsey Social Security and Payroll Deduction in 2023: Earnings Thresholds for Employers and Employees| Category | Employee | Employer |
|---|
| Min. | Max. | Min. | Max. |
|---|
| Social Security | n/a | £ 179,868.00 | n/a | £ 179,868.00 |
Historic Tax Tables supported for Guernsey
The following tax tables are supported by iCalculator™ GG as part of the suite of free tax tools we provide for Guernsey.