Guernsey Crypto Tax Guide
Complete guide to cryptocurrency taxation in Guernsey. Updated for 2026 with the latest Income Tax Office Guernsey requirements.
Guernsey Crypto Tax Rules
How cryptocurrency is taxed by the Income Tax Office Guernsey
No capital gains tax on cryptocurrency investments - TAX FREE
No inheritance tax, wealth tax, or VAT
Personal income taxed at flat 20% rate
Passive investment income from crypto not taxable
Trading as a business may be subject to income tax
No specific cryptocurrency legislation
Favorable jurisdiction for crypto funds and businesses
Crown Dependency with independent tax system
Why Use Crypto Tax Software
How the Best Platforms Help Guernsey Investors
Tailored features that make Guernsey crypto tax reporting effortless
Income Tax Office Guernsey-Ready Reports
Generate tax reports that comply with Guernsey's specific requirements. No manual calculations or guesswork needed.
Automatic Transaction Import
Connect your wallets and exchanges once. The platform imports and categorizes all your GBP trades automatically.
Audit-Proof Records
Maintain detailed transaction history and reports that satisfy Income Tax Office Guernsey requirements in case of any inquiries.
Tax Optimization Tools
Identify tax-loss harvesting opportunities and choose accounting methods that legally minimize your Guernsey tax burden.
Compare Crypto Tax Platforms for Guernsey
Find the best software for your Guernsey crypto tax needs
| Platform | Rating | DeFi/Perps | Lending | Enterprise | Wallets | Time | Price | Action |
|---|---|---|---|---|---|---|---|---|
| Awaken Tax Recommended | ✓ | ✓ | ✓ | Unlimited | <1 hr | From $69 | Try Free | |
| Koinly | ✓ | ✓ | ✕ | Unlimited | 1-2 hrs | From $49 | Visit Site | |
| CoinTracker | ~ | ✓ | ✓ | Unlimited | 1-2 hrs | From $59 | Visit Site | |
| CoinLedger | ~ | ✓ | ✕ | Unlimited | 1-2 hrs | From $49 | Visit Site | |
| TokenTax | ✓ | ✓ | ✓ | Unlimited | 2-3 hrs | From $65 | Visit Site | |
| BlockPit | ~ | ✓ | ✓ | Unlimited | 1-2 hrs | From €49 | Visit Site |
Important Tax Deadlines
Key dates for Guernsey crypto tax filing
Required Forms
What to Look for in Guernsey Crypto Tax Software
Key features that make crypto tax reporting easier for Guernsey investors
Transaction tracking for record keeping
GBP-based portfolio management
Complete transaction history
Documentation for fund compliance
Investment vs trading classification
Calculate your taxes with our free tools
Our Top Recommendation
Why Awaken Tax for Guernsey Investors
The features that make Awaken stand out for Guernsey crypto tax reporting
Portfolio Tracking
Track your portfolio balance in real-time with automatic coin detection across all connected wallets and exchanges.
AI Transaction Tagging
Smart AI automatically categorizes your transactions. No more manual labeling of airdrops, swaps, or rewards.
Real Human Support
Actual crypto tax experts who understand your complex on-chain activity, not chatbots.
Income Tax Office Guernsey Compliant
Generate reports that meet Guernsey's specific tax requirements with complete confidence.
Ready to file your Guernsey crypto taxes?
We've done the research so you don't have to. Compare platforms and find the best fit for your Guernsey tax reporting needs.
Track Your TaxesFrequently Asked Questions
Common questions about crypto taxes in Guernsey
Do I have to pay taxes on crypto in Guernsey?
Yes, cryptocurrency is generally taxable in Guernsey. The Income Tax Office Guernsey considers crypto transactions as taxable events, including selling, trading, and in some cases, receiving crypto as income from mining or staking.
What is the crypto tax rate in Guernsey?
Tax rates vary based on your income level and how long you held the crypto. No capital gains tax on cryptocurrency investments - TAX FREE Check the tax rules section above for specific rates.
When is the crypto tax deadline in Guernsey?
The main tax filing deadline in Guernsey is N/A - No specific deadline for investment gains (no CGT). There may also be other important dates such as January 31 for Income tax return deadline.
What is the best crypto tax software for Guernsey?
Awaken Tax offers full support for Guernsey crypto tax reporting, with automatic calculations and Income Tax Office Guernsey-compliant reports. Start free with up to 100 transactions.
Is crypto-to-crypto trading taxable in Guernsey?
In most cases, yes. Trading one cryptocurrency for another is typically considered a taxable event in Guernsey. Each trade may trigger a capital gain or loss that needs to be reported to the Income Tax Office Guernsey.