The Guernsey government has published GSCCA Circular 23 of 28 November 2023, which outlines income tax and social security measures for 2024. The measures include:
- A reduction in the threshold, at which tax allowances and withdrawable deductions will be withdrawn, to GBP 80,000 with effect from 1 January 2024;
- An increase in the personal and other supplementary tax allowances in line with inflation;
- An increase in the Alderney tax cap to GBP 65,000, the tax cap on qualifying income to GBP 1…