The Treasury News

Sanctions Notice: Declarations of Cash Entering or Leaving the Island

With effect from 1 June 2015 the following items may be regarded as “cash” for the purposes of the requirement in Part VA of the Customs and Excise Management...
Monday, 1 June 2015

Sanctions Notice: European Union Sanctions – Central African Republic and South Sudan

On 29 May 2015, two new Orders applied in the Island recent EU Council Regulations which amended the sanctions regimes relating to the Central African Republic...
Monday, 1 June 2015

Sanctions Notice: Financial Sanctions: Syria

This news release is issued in respect of the restrictive measures directed against certain persons and entities in view of the situation in Syria. Annex II to...
Thursday, 21 May 2015

Income Tax apologises for e-mail error

The Income Tax Division of Treasury has apologised for an operational error which resulted in groups of its customers being able to see each other’s e-mail...
Thursday, 21 May 2015

Consultation supports change in the calculation and collection of rates

Treasury has published a report summarising responses to its consultation on the Reform of Domestic Rates. The consultation created considerable public...
Thursday, 21 May 2015

Sanctions Notice: United Nations and European Union Sanctions: Sudan and South Sudan

Sudan and South Sudan The Treasury advises that the European Union has adopted a new Council Regulation (EU) No 2015/735 that repeals and replaces previous...
Friday, 15 May 2015

Sanctions Notice: Financial Sanctions: Al-Qaida

This news release is issued in respect of the restrictive measures directed against certain persons and entities associated with the Al-Qaida network. Annex I...
Friday, 15 May 2015

Sanctions Notice: Financial Sanctions: Terrorism and Terrorist Financing

The Terrorism and Other Crime (Financial Restrictions) Act 2014 implements the terrorist asset-freezing requirements of UN Security Council Resolution 1373...
Friday, 8 May 2015

Voluntary regulation for the gas supply market

The OFT, the Treasury and the Department of Economic Development have announced a historic voluntary agreement with Manx Gas which will, for the first time, see...
Tuesday, 5 May 2015

Sanctions Notice: Financial Sanctions: Al-Qaida

This news release is issued in respect of the restrictive measures directed against certain persons and entities associated with the Al-Qaida network. Annex I...
Wednesday, 22 April 2015