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Guernsey Publishes New Guidance on Income Tax Relief for Payments Made in Favor of Charities

30 March 2021

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Approved Changes

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Guernsey

The Guernsey government has published updated guidance on income tax relief for payments made in favor of Guernsey registered charities, which takes into account changes in tax relief for donations as per the Income Tax (Charitable Donations) (Guernsey) (Amendment) Ordinance, 2021. --- Tax relief on donations With effect from 1 January 2021, tax relief on charitable donations can be claimed by charities on donations of £500 - £7,500 per individual (£15,000 per married couple) per calendar year (the relevant amounts were £5,000 per individual and £10,000 per married couple for 2010 - 2020 inclusive). The donation will be seen to...