We have considerable experience of dealing with Guernsey and UK tax and can offer a comprehensive range of tax services tailored to your specific requirements and designed to help you stay fully compliant.

As well as providing tax compliance and planning services to local clients, we also work closely with UK and international tax advisers, including our colleagues across Saffery Champness, as well as affiliates from the Nexia International network.

Bailiwick of Guernsey Tax Services

Corporate Tax Advice and Compliance

  • Guernsey company tax returns and computations
  • Quarterly distribution returns
  • Advice on all aspects of Guernsey taxation, both for companies incorporated in Guernsey and overseas companies who may be tax resident in Guernsey
  • Specialist tax advice on the economic substance requirements and corporate tax residence
  • Dealing with enquiries and correspondence from the Guernsey Revenue Service
  • Advice on the Employer’s Tax Instalment Scheme and social security contributions

Personal Tax Advice and Compliance

  • Guernsey personal income tax returns and computations
  • Dealing with enquiries and correspondence from the Guernsey Revenue Service
  • Guernsey double taxation treaties – planning and interpretation
  • Specialist tax advice on all Guernsey residency issues
  • Advice on all aspects of Guernsey taxation
  • Advice on all Guernsey tax matters relating to being a sole trader, a business owner or a partner in a partnership, and prepare the necessary tax computations

UK Tax Services

Clients require our taxation services for a wide variety of reasons including estate planning, asset protection or as part of the tax efficient structuring of their affairs. We are able to offer a first class UK tax compliance service to offshore entities, including:

Tax Compliance for Offshore Trusts

  • The preparation of stockpiled gains calculations, including relevant income, offshore income gains and the matching of capital payments to such relevant income or gains
  • Completion of the various relevant UK tax forms and computations and liaising with HM Revenue & Customs (this includes Trust Tax Returns, Inheritance Tax Returns and NRCGT returns)
  • Registration of trusts under the UK Trust Register
  • Estate and Inheritance Tax planning in consultation with a UK tax adviser

Tax Compliance for Offshore Companies and Funds

  • The preparation of Annual Tax on Enveloped Dwellings (ATED) returns
  • Calculation of UK Capital Gains Tax on sales of interests in UK property (NRCGT) and preparation of the appropriate returns
  • The preparation and completion of other relevant UK tax forms, including non-resident company income tax returns and computations
  • For offshore funds, initial application for reporting fund status with HMRC and preparation of annual reporting requirements, including drafting suggested reports to investors

International Tax Compliance

  • Expertise in global reporting standards such as FATCA and the Common Reporting Standard (CRS)
  • Through our membership of Nexia International we have access to a global network of advisers