Guernsey

On 6 October 2026, the States of Guernsey published its 2027 Budget under the theme “Budget for Growth.” The budget outlines a comprehensive series of tax policy measures designed to stimulate economic expansion, support business investment, and enhance personal allowances for residents. The policy letter, presented by the Policy & Resources Committee, sets out significant

On 25 September 2026, the States of Guernsey published the validation report for the proposed tax package, a key milestone in the island’s fiscal reform agenda. The report, prepared by independent consultants, assesses the design, compliance implications, and revenue projections of the tax package aimed at modernizing Guernsey’s tax framework while maintaining international standards. The

On 22 September 2026, the States of Guernsey released updated economic modelling indicating that the proposed tax package is projected to generate approximately £36 million per year in additional revenue once fully implemented. The modelling, conducted by the Government’s Economic Advisory Group in collaboration with external economists, incorporates behavioural responses, international tax developments, and macroeconomic

On 19 August 2026, the States of Guernsey Revenue Service publicly confirmed the introduction of a new excise duty on vaping liquids, scheduled to commence on 1 November 2026. This fiscal measure forms part of the island’s broader strategy to modernize its indirect tax regime while responding to heightened public health concerns surrounding the marketing