The Treasury News

Sanctions Notice: Financial Sanctions: ISIL (Da’esh) and Al-Qaida

This news release is issued in respect of the restrictive measures directed against the ISIL (Da’esh) and Al-Qaida organisations. Annex I to Council Regulation...
Wednesday, 22 February 2017

Budget focus on working families

Support for working families was a key theme when Treasury Minister Alfred Cannan MHK unveiled his first Budget in Tynwald today (Tuesday, February 21,...
Tuesday, 21 February 2017

Government income and expenditure

Government’s revenue budget is forecasting a surplus of £2.86m for 2017-18. Total income for the year is estimated at £964m, an increase of 4.8% over the...
Tuesday, 21 February 2017

Spending equates to £12,277 per person

Total Government spending projected for 2017/18 equates to around £12,277 per head for every man, woman and child of the Island’s population. [See note] This...
Tuesday, 21 February 2017

European Union Sanctions: Democratic People’s Republic of Korea (North Korea)

On 22 February 2017, the Export Control (North Korea Sanctions and Iran, Ivory Coast and Syria Amendment) Order 2017 comes into operation. The Order amends...
Friday, 17 February 2017

Sanctions Notice: Financial Sanctions: Terrorism and Terrorist Financing

The Terrorism and Other Crime (Financial Restrictions) Act 2014 (“the Act”) implements the terrorist asset-freezing requirements of UN Security Council...
Wednesday, 15 February 2017

Sanctions Notice: Financial Sanctions: Democratic Republic of the Congo

This news release is issued to publicise changes to EU sanctions measures in relation to the Democratic Republic of the Congo. Council Regulation (EU)...
Friday, 10 February 2017

Sanctions Notice: Financial Sanctions: ISIL (Da’esh) and Al-Qaida

This news release is issued in respect of the restrictive measures directed against the ISIL (Da’esh) and Al-Qaida organisations. Annex I to Council Regulation...
Friday, 10 February 2017

Customs and Excise Bill – Consultation Document Published

The Treasury has today issued a consultation document on the proposed Customs and Excise Bill 2017. Views are sought on the amendments made to existing customs...
Tuesday, 7 February 2017

Sanctions Notice: Financial Sanctions: Iraq

This news release is issued in respect of the restrictive measures directed against Iraq. On 26 January 2017, the United Nations Security Council Committee...
Monday, 6 February 2017