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News

Monday 13 February 2012

Changes to Guernsey income tax return deadlines

The States of Guernsey Income Tax Office recently changed the deadlines for submission of both company and individual income tax returns. Read on for more information.


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Tuesday 24 January 2012

Special arrangements in respect of distribution reports (C45)

The States of Guernsey Income Tax Office has issued a new Statement of Practice (“SoP”) - C45 - the purpose of which is to increase the efficiency of the process of deducting tax, accounting for it to the Income Tax Office and enabling it to be processed once it is paid over.


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Monday 21 November 2011

New allowances for RAT contributions made by companies

Recently the GuernseyTax Office issued a Statement of Practice explaining the ability of a company to pay contributions directly to an employee’s RAT as a tax allowable expense.


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Wednesday 05 October 2011

Zero - 10 update

The Chief Minister has given a statement to the States on the Corporate Tax Review.


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Monday 20 June 2011

Collenette Jones sponsors Sylvans Mini's

We are pleased to announce that our firm is sponsoring Sylvans Mini's.


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Tuesday 05 April 2011

Retirement Annuity Trusts – changes to income tax legislation

Proposals have been put forward to change some of Guernsey’s income tax legislation, and these changes may affect you as member to a Retirement Annuity Trust Scheme (“RAT”).


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Thursday 10 February 2011

2010 RATS Rules

As from 01 January 2011 the GFSC has imposed a number of rules, which in conjunction with existing Guernsey tax office rules, seeks to define the responsibilities of the professional trustee in a number of key areas. Read on for more information.


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Monday 07 February 2011

Tax changes for pensions

Some changes in the tax regime regarding pensions (and therefore Retirement Annuity Trusts) have recently been proposed. It is anticipated that these will be introduced in the early part of this year.


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Monday 31 January 2011

The Income Tax Irregularity Scheme (“ITIS”)

If you have previously submitted income tax returns that are incorrect or incomplete then any declarations need to be made by 31 March 2011 so you will need to act now


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Sunday 30 January 2011

Accountant or not accountant? That is the question

Why do you need an accountant to prepare accounts for your business? Why should you choose Collenette Jones? Read on to find out more.


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Thursday 09 September 2010

The Bespoke Retirement Annuity Trust (RAT)

Interested in the types of investments we are seeing in our RAT portfolio? Read on to find out more.


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Thursday 09 September 2010

"Zero-ten" 20 months down the line

Read more to find out more about the key issues that have affected companies, shareholders, accountants and the Guernsey Tax Office since January 2008


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Wednesday 11 August 2010

Clarified ISAs - the impact on you

Changes are afoot in the auditing world. Read on to find out more.


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Tuesday 15 December 2009

Audit Exemption for Guernsey Companies

Can your company be audit exempt? Why would you want to be audit exempt? What are the pros and cons?  Read on to find out more.


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Tuesday 01 December 2009

The 65% election - how it would effect your company

On 6 October 2009 the above regulations came into operation with the apparent intention to make it easier for small companies to cope with the onerous reporting requirements of the new tax regime. Read on to find out more


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Key Dates

15 April 2012

- Distribution, ETI, and States Insurance returns need submitting for the previous quarter 1 January to 31 March

30 June 2012

- Payments of Guernsey tax on account for individuals not paid through the ETI scheme and sole traders are due by this date in order to avoid penalties

15 July 2012

- Distribution, ETI, and States Insurance returns need submitting for the previous quarter 1 April to 30 June


See all of our key dates