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20% Means 20%

In December 2006 the States agreed to phasing out certain tax allowances for taxpayers on higher incomes.

The 20% means 20% measures are being introduced over a five year period that commenced in 2007.

All published documents relevant to 20% means 20% can be found under the headings listed below.

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20% means 20% - Guides

Income Tax guidance notes, examples and the original report and proposal can be viewed here

20% means 20% - Notes and The Model

The Model allows an you to enter your income, allowances and tax thresholds for year of assessment 2006, then see the effects of 20% means 20% on your tax bill for 2007, 2008, 2009, 2010 and 2011. Notes on how to enter your details are also provided.

20% means 20% - Notice of Assessment and Marginal Rate Computation

Shows examples of the updated Notice of Assessment and the new Marginal Rate Computation

20% means 20% - Legislation

Income Tax Amendment Law with regard to 20% means 20%

20% means 20% - Information Sheets

Here you can view the 20% means 20% Information Sheet for 2007. Future years will be made available when published.

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