A GST: A broad-based consumption tax on most goods and services.
Income Tax Cuts: Reducing the standard rate from 20% to 15% and increasing the personal allowance by £600.
Social Security Reform: A restructure that introduces a new allowance for all contributors, matched to the personal income tax allowance.
Protections: Pre-emptive increases to the States Pension and benefits, plus a new Essentials Cost Relief Payment to compensate low-income households not on Income Support for the impact of GST.
For more information, you can read the full story here.
Corporate Tax Reform
The five corporate tax reform options currently under consultation are designed to either refine the existing "Zero-10" regime or fundamentally change how business income is taxed in Guernsey. Some options have a degree of uncertainty based on behavioural change, use the sliders to account for what you think will happen.
Find out more here.
Pillar 2 Income
Pillar 2 is an international agreement to ensure large multinational companies pay a minimum level of tax. This slider estimates the additional income Guernsey might receive from implementing these rules. P&R has calculated the starting point as £40m and already included that in its deficit calulation. Do you think it will be more or less?
£40m
Other Taxes & Charges
This section includes options that have been proposed in the past to raise extra money. Most of the figures are based on when they were suggested last term, the GST based on the 2026 P&R report.
Increase the rate from 20% to 21% or 22%, with a personal tax allowance of £15,000.
Revenue Spending
Adjust the annual budget for each government committee. Use the sliders to increase or decrease spending and see the impact on the overall deficit. All figures based on the 2026 Budget report.
Capital Spending
Set the island's 4-year budget for major projects. It has been recommended that Guernsey spends 2% of its GDP, which is the baseline figure included in the structural deficit. A higher percentage of GDP means more money for infrastructure, but also increases the deficit. Then see what you can afford to build by allocating the budget below.
Projects from the end of term review here.
2%
Total 4-Year Budget: £279.04m
Allocated Spending: £0
Remaining Budget: £279.04m
You've exceeded your budget. To select more projects you need to increase your captial spending, deselect some or borrow some more money.
Allocate 4-Year Budget
Just for fun, see what you can build. The project selection below does not impact the main deficit calculation.