Local Market Statistics

Fast Facts About Gibraltar: Key Information

(All figures relate to 2016 unless otherwise stated)

Population 33,140
Total land area 6.5 sq km
Natural resources None
Head of State HRH Queen Elizabeth II
Chief Minister Hon Fabian Picardo, MP
Legislature Parliament (no upper house)
Languages English & Spanish
Business hours 9am – 5pm Monday to Friday

 

Inflation rate 2.3% per annum (year to July 2017)
Minimum wage £6.45 per hour (£251.55 per week) from 1st August 2017
Average earnings £28,751 (2016)
Registered employed 27,073 (October 2016)
Registered unemployed 1.0%
Imports UK: 60%, Spain: 30%, Other EU:10%

Corporation Tax (from Ist January 2011) Tax Payable
Resident Companies 10%
Utilities Companies 20%

 

Personal Income Tax Tax Payable
£0-£4000 Annual gross income 15%
£4001 – £16,000 Annual gross income 24%
Over £16,000 Annual gross income 40%
No capital gains taxes No tax on dividends
No Inheritance tax/estate duty No wealth, gift or capital taxes
Special Status personal tax rates Tax payable
Qualifying individuals who are non-resident and derive no income from Gibraltar can apply for Category II resident status. Applications should be made to the Finance Centre Director, info@financecentre.gov.gi Minimum tax payable of £22,000 per annum up to a maximum tax payable of £30,000 per annum.

 

 

Useful weblinks
General www.gibraltar.gov.gi
www.fsc.gi
www.gibraltarport.com
www.companieshouse.gi
www.gibraltarlaws.gov.gi
Airlines www.ba.com
www.flymonarch.comwww.easyjet.com
Hotels www.sunborngibraltar.com
www.caletahotel.com
www.rockhotelgibraltar.com
www.eliotthotel.com
See more useful links