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Guernsey Publishes Ordinances for Excise Tax and Property Tax Amendments for 2021

30 December 2020

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Approved Changes

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Guernsey

Guernsey has published the Excise Duties (Budget) Ordinance 2020 and the Taxation of Real Property (Guernsey and Alderney) (Amendment) (No. 2) Ordinance 2020, which provide for the implementation of certain measures of the Annual Budget for 2021. As previously reported, this includes: An increase of 1.5% (inflation (RPIX) forecast) in the excise duty on Tobacco products, increasing the duty on an average packet of twenty cigarettes by 9p to GBP 5.82; An increase of 1.5% (RPIX forecast) in the excise duty on alcohol, increasing the duty on a pint of standard-strength beer by 0.6p to 50p (25p if produced by...