No.6 Convent Place
- Human Resources Department
- Civil Status and Registration Office
- Civil Aviation
- Public Finances
- HM Customs
- Income Tax Office
- Treasury Department
- Lottery Section
- Land Property Services Limited
- Procurement Office
- Town Planning
Ministry for Sports, Culture, Heritage and Youth
- Sports & Leisure Authority
- Cultural Centre
- Gibraltar Archives
- Gibraltar Museum
- Post Office
- Philatelic Bureau
- Kings Bastion Leisure Centre
- Youth Services
- City Fire Brigade
- Youth Centre
Ministry for Education, Financial Services. Gaming, Telecommunications and Justice
- Department of Education
- Finance Centre Department
- Remote Gambling
- Supreme Court
- Small Claims Court
- Coroner's Court
- Legislation Support Unit
- Royal Gibraltar Police
- Gibraltar Co-ordinating Centre for Criminal Intelligence and Drugs (GCID); Gibraltar Financial Intelligence Unit (GFIU)
- Gibraltar Police Authority
- Police Complaints Board
Ministry for Tourism, Public Transport and the Port
- Gibraltar Tourist Board
- Maritime Administration
- Yacht Registry
- Port Authority
- Citizen's Advice Bureau
Ministry for Equality, Social Services and the Elderly
- Office of the Minister
- Care Agency
- Drug Strategy Coordinator
- Department of Consumer Affairs
- Data Protection (Gibraltar Regulatory Authority)
Ministry for Traffic, Housing and Technical Services
- Driver and Vehicle Licensing Department
- Technical Services Department
Ministry of Enterprise, Training and Employment
Ministry for Health and Environment
- Office of the Minister
- Department of the Environment
- Environmental Agency
- Cross-Border Care
Ministy for Housing and the Elderly
The assessment and collection of income tax is currently governed by the Income Tax Act 2010, Rules and Regulations. That Act was enacted in 2010 and came into effect on 1 January 2011.
Tax is charged on income accruing in or derived from Gibraltar on the profits or gains of a company or trust from any trade, business, profession or vocation.
Tax is charged on the income accruing in, derived from or received in Gibraltar (or in any other place) by an individual ordinarily resident in Gibraltar from employment or the exercise of any self employment activities in connection with a trade, business, profession or vocation. Dividends, pensions and emoluments of office accruing in, derived from or received in any place other than Gibraltar by an ordinarily resident individual are also taxable in Gibraltar. Generally, when taxed in the country of accrual and not received in Gibraltar such income is not taxable in Gibraltar.
Tax is charged on income of all individuals and companies in respect of any rents, premiums and any other interest in real property located in Gibraltar.
Income arising outside Gibraltar, which although not actually received or transferred, is obtained in Gibraltar by an individual in the form of an equivalent benefit, is treated as having been received in Gibraltar.
Computation of Taxable Income
This deduction is given in respect of amounts payable by the taxpayer or his spouse during the year of assessment for insurance premiums on his life or that of his spouse and for contributions to a pension scheme approved by the Commissioner of Income Tax. The deduction allowable in respect of premiums payable under a policy of assurance shall be granted by way of relief at the rate of 17%. No deduction shall, for any year of assessment exceed;
This deduction is given in respect of amounts payable by the taxpayer, during the year of assessment, towards an approved insurance policy, for premiums paid for the purpose of providing health insurance for himself, his spouse or his dependant children. This deduction is limited to £2,000 in aggregate.
Individuals of state pensionable age (ie men aged 65 or over and women aged 60 or over) are entitled to an additional personal allowance as follows:
Unmarried individuals: £8,075 pa
Individuals may choose to pay tax under the Allowance Based System (ABS) or the Gross Income Based System (GIBS).
Taxpayers under the GIBS will pay tax on their assessable income at the following rate:
Individuals with gross assessable income exceeding £25,000:
To calculate the tax liability click on the Gross Income Based Tax Calculator 2013/14 icon above and follow instructions, alternatively you can check your tax liability by clicking on the Tax Tables.
Individuals who have opted to be taxed under the Allowances Based System are charged to tax on their taxable income which is arrived at by deducting personal and other allowances from the assessable income at the following rates:
For every pound of;
A tax credit being the greater of £300 or 2% of the annual tax liability shall be given to all taxpayers under the Allowance Based System.
You can check your tax liability, under the Allowances Based System, click in Tax Tables Part 1..
Low Income Earner’s Tax Allowance
An individual who, during a year of assessment, has total deductions amounting to less than £3,888 shall be entitled to claim a special allowance from the amount of his assessable income equal to the difference between £3,888 and the total of all other deductions.
A tax credit of £4,000 by way of a reduction to his tax liability shall be given to an individual who is aged 60 or over and is in receipt of earned income.
This tax credit does not apply to an individual who:
Has income exceeding £2,000 from an occupational pension or annual amount of an annuity, or
Is entitled to receive income exceeding £2,000 in respect of the capital sum in excess of 25 per cent of the capital value of a pension or annuity to be paid on his retirement or
Has commuted his occupational pension or annuity entitlement payable to him and the capital sum in excess of 25 per cent of the capital value of the pension or annuity would provide a pension or annuity in excess of £2,000 or
Has elected to be chargeable to tax under the Gross Income Based System.
Ordinarily resident when applied to an individual means an individual who irrespective of whether such individual is domiciled in Gibraltar or otherwise, in any year of assessment is present in Gibraltar for a period of at least 183 days in aggregate or is present in Gibraltar in excess of 300 days in three consecutive years.
Non-resident means any person other than a person ordinarily resident
A Qualifying (Category 2) Individual is an individual who for the year of assessment:
(1) has available to him for his exclusive use approved residential accommodation in Gibraltar for the whole of the year of assessment.
(2) is not resident in Gibraltar and has not been in the previous five years;
(3) has applied to the Finance Centre Director and has been issued with a certificate qualifying him as a Category 2 individual.
(4) an individual who has been issued with a Category 2 Individual certificate shall be liable to income tax on the first £ 80,000 of assessable income only and the amount of tax due and payable in any year of assessment shall be not less than £ 22,000.
A High Executive Possessing Specialist Skills Individual shall be charged to tax limited to the first £120,000 of his assessable income, under the Gross Income Based System.
An employer must satisfy the Finance Centre Director that the appointment of a High Executive Possessing Specialist Skills Individual will promote and sustain economic activity of particular economic value to Gibraltar and that he will earn more than £ 120,000.
Conditions on residential accommodation and previous non-residency apply.
The rate of corporation tax is 10%
With effect from 1 January 2011 the rate of 10% applies to all companies, except utility companies and companies enjoying and abusing a dominant market position, who will pay a higher rate of 20%. These will include electricity, fuel, telephone service and water providers.
Interest is not chargeable to tax under the Income Tax Act 2010 unless:
Dividends paid by a company which is ordinarily resident in Gibraltar are liable to tax in Gibraltar when paid to a shareholder who is an individual ordinarily resident in Gibraltar. A tax credit at the rate of tax paid by the company on the profits out of which the dividend is being paid shall be available for set off against any tax that may be charged on that income.
If you pay tax in Gibraltar on your income, gains or profits and then make a Gift Aid donation, locally registered charities (including ecclesiastical institutions and trusts) can claim back standard rate tax relating to that donation directly from the Income Tax Office.
Any person (including a company or a body of persons) is eligible to make a Gift Aid donation, if:
• It is made on or after 1st July 2006.
In order for the gift to qualify as a Gift Aid donation, a declaration must be made to the charity that:
• The donor wants the gift to be treated as a Gift Aid donation; and
There is no Capital Gains tax in Gibraltar.
With effect from 1 April 1997, Estate Duty was abolished in Gibraltar.
Double Taxation Arrangements