Chartered Accountants advising UK and International clients
on a wide range of tax and business matters.
Guernsey office
Woolford & Co. 
advice@woolford.co.uk
Tel: 44 (0)1481 722363
Fax: 44 (0)1481 727417
PO Box 161
Dixcart House
Sir William Place
St Peter Port
Guernsey
Channel Islands
GY1 4EZ
Contact: John Nelson
The Guernsey offices in Dixcart House are shared with Dixcart Trust Corporation Limited.
If you are considering moving yourself and/or your business to Guernsey we recommend seeking professional advice early to identify opportunities to save tax before the move.
Guernsey is a leading international financial centre with a good reputation and excellent standards. Factors contributing to and enhancing the status of this jurisdiction include:
- A general rate of tax payable by Guernsey companies of zero.
- Guernsey does not levy Value Added Tax (VAT) on transactions.
- There are no wealth taxes, no inheritance taxes and no capital gains taxes.
- A tax cap of £100,000 exists on annual foreign source income and Guernsey deposit interest. There is a separate tax cap of £100,000 on other Guernsey source income.
- Legislative and fiscal independence mean that the island responds quickly to the needs of business. In addition, the continuity achieved through the democratically elected parliament, without political parties, helps deliver political and economic stability.
- A unique relationship with the European Union (EU) provides a number of the advantages of being in the EU without all of the implications of operating as a full EU member state.
- A wide range of internationally respected business sectors. These include: company management, trust administration, insurance (Protected Cell Companies) and fund management. To meet the needs of these professional sectors, a highly skilled workforce has developed in Guernsey.
- Changes to the law during 2006 further enhanced Guernsey's position as an international base for Intellectual Property (IP). Legislation is modern and innovative and the Island has its own IP Registry and is fully TRIPS* compliant.
*TRIPS: Trade Related Aspects of Intellectual Property Rights
