We use cookies to provide you with the best possible experience. By using Orbitax's services, you agree that we may store cookies on your device. Cookie Policy.
The AI assistant for tax questions
Track worldwide tax law changes daily
Cross-border tax analysis and data
Unify and empower your entity management
Provides compliance steps, forms & rates
Visualize and manage your entity data
Comprehensive compliance management
Audit and global tax controversy tracking
Manage reportable cross-border arrangements
Country-by-country reporting & compliance
Pillar 2 planning, reporting and compliance
Calculate US tax impact of foreign operations
Automated workflows for recurring tax tasks
Secure API connections to 3rd-party systems
Secure storage for your tax documentation
Automated tax workflows with secure APIs.
Collaborate securely on your tax data
Share This Article
|
|
The Guernsey government has published the Annual Budget for 2024, which will be debated by the States of Deliberation in November 2023. A summary of the budget income measures includes the following: --- The following measures and initiatives are included in this Budget: Income An increase of £875 in the Personal Income Tax Allowance to £13,900 A real-terms increase to the Income Tax Caps for non-Guernsey sourced income from £150,000 to £160,000 and worldwide sourced income from £300,000 to £320,000. An increase in all other allowances in line with inflation, which is forecast at 3.9%. A reduction of the threshold...