This information is from the States of Guernsey and is designed to give individuals who are starting up in business an overview of the position for tax (which goes to General Revenue) and contributions (which goes to the Social Insurance fund), and to help them understand what they need to do.

If you are setting up a limited company this¬†information isn’t relevant to you and you should contact States of Guernsey for further information on the tax and contributions position.

Click here for full article:

https://www.gov.gg/startingabusiness