UK-Guernsey 2018 Double Tax Treaty enters into force
Released 22 January 2019
The 2018 Guernsey-UK Double Taxation Agreement entered into force on 7 January 2019.
The new comprehensive Double Taxation Agreement and Protocol, which replaces the UK-Guernsey Double Taxation Arrangement signed 24 June 1952, was signed in London on 2 July 2018. It entered into force on 7 January 2019 and takes effect:
•in Guernsey and the UK:
–for taxes withheld at source, for amounts paid or credited on or after 1 March 2019;
–for income tax, for any year of assessment beginning on or after 1 January 2020;
•in the UK:
–for income tax, for any year of assessment beginning on or after 6 April 2019;
–for corporation tax, 1 April 2019.
View the treaty at Guernsey: tax treaties.