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The Treasury News

Financial Sanctions: Iran (Nuclear)

This news release is issued to publicise the amendment of 1 entry under the Iran (Nuclear) Sanctions Regime. The Iran (Sanctions) (Nuclear) (EU Exit)...
Wednesday, 15 November 2023

Financial Sanctions: Counter-Terrorism (International)

This news release is issued to publicise the addition of 6 entries under the Counter-Terrorism (International) Sanctions Regime. The Counter-Terrorism...
Tuesday, 14 November 2023

VAT: Temporary Zero-Rate for Drugs and Medicines Dispensed under a Patient Group Direction

This news release is issued to draw attention to a temporary change in the VAT rate for supplies of certain drugs and medicines. The VAT legislation relating...
Monday, 13 November 2023

Isle of Man aligned with international tax community on crypto-asset reporting

The Isle of Man today joined 47 other jurisdictions in committing to implement a new international standard on the automatic exchange of information between tax...
Friday, 10 November 2023

Financial Sanctions: Russia

This news release is issued to publicise the removal of 1 entry under the Russian sanctions regime. The Russia (Sanctions) (EU Exit) Regulations 2019 (S.I....
Thursday, 9 November 2023

Sanctions: NCA issues red alert on Gold-based Financial and Trade Sanctions Circumvention

The Treasury advises that on 8 November 2023 the UK's National Crime Agency (NCA) issued a red alert to financial institutions and other members of the...
Thursday, 9 November 2023

Financial Sanctions: Russia

This news release is issued to publicise the addition of 29 entries under the Russian sanctions regime. The Russia (Sanctions) (EU Exit) Regulations 2019 (S.I....
Wednesday, 8 November 2023

First Christmas coin depicting King Charles is released

The first Christmas collection coin to bear the official effigy of King Charles has been released in the Isle of Man. The new £2 coin also pays homage to the...
Thursday, 2 November 2023

Triple lock pensions pledge and targeted winter support package

The Isle of Man Government’s policy of mirroring the UK Government’s approach to the pensions triple lock will continue to be supported in next year’s...
Thursday, 2 November 2023

Moody’s credit rating report upgrades outlook for Isle of Man

The Isle of Man Government’s credit strength, diverse economy and ability to comply with global tax standards are all noted in the Credit Opinion Update report...
Thursday, 2 November 2023
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