Guernsey implements changes to pensions and taxation legislature

clock • 1 min read

Guernsey has introduced two amendments to its legislature, aimed at putting the island "at the forefront of international best practive." The government of Guernsey has approved a new tax exemption for international savings plans, also known as end of service gratuity schemes, where the beneficiaries are non-resident in the island and all income of the scheme is non-Guernsey source income. The move will enable Guernsey to build on the island's market-leading position in the regulated pensions sector. It is expected to be popular for large institutions who could set up savings plans in...

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Author spotlight

Christopher Copper-Ind

Christopher Copper-Ind is editor-in-chief of International Investment. Before this, he was editorial director of The Business Year, from 2014 to 2017.