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Guernsey Publishes Annual Budget for 2022

07 October 2021

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Proposed Changes

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Guernsey

Guernsey has published the Annual Budget for 2022. Tax measures of the budget include the following: A 2.5% increase in Personal Income Tax Allowances, increasing an individual's allowance by GGP 300 to GGP 12,175; An increase of 7.5% in the excise duty on Tobacco products, increasing the duty on an average packet of twenty cigarettes by 44p to GGP 6.26; An increase of 4% in the excise duty on Alcohol, increasing the duty on a pint of standard-strength beer by 2p to 52p (26p if produced by a small independent brewery); An increase of 4% in the excise duty on...