Covid-19 Coronavirus

The Treasury News

All Social Security Counter Services Suspended

Social Security counter services at Markwell House in Douglas and Ramsey Town Hall have been closed until further notice.  Most visits to the counter are by...
Wednesday, 25 March 2020

Coronavirus – VAT deferred payments

During a Press Conference at 10 am on 23 March 2020, the Treasury Minister announced the following measures in relation to VAT payments. To assist businesses...
Monday, 23 March 2020

£100m of direct support to protect businesses, workers and the Island’s economy

Treasury Minister Alfred Cannan MHK has announced a raft of emergency packages designed to support businesses and workers, and protect the Island’s economy from...
Monday, 23 March 2020

Statement by Minister for the Treasury on COVID-19 – 23 March 2020

Last week I announced a package of measures which were brought about to combat what was effectively the overnight collapse of business revenue to certain...
Monday, 23 March 2020

Support measures for businesses and workers to be announced on Monday

A package of emergency measures to support businesses and workers during the coronavirus pandemic will be announced at 1pm on Monday. Treasury Minister Alfred...
Friday, 20 March 2020

Coronavirus (COVID-19) – How to contact the Income Tax Division

The Income Tax Division is committed to ensuring that the welfare and safety of our customers and staff is our top priority in these unprecedented times. As we...
Friday, 20 March 2020

Sanctions Notice: Financial Sanctions: Democratic Republic of the Congo

This news release is issued in respect of financial sanctions imposed against the Democratic Republic of the Congo. Annex I to Council Regulation (EC) No...
Friday, 20 March 2020

Treasury Minister issues assurance to business community

Treasury Minister Alfred Cannan MHK has today issued assurance to the business community that a huge amount of work is taking place to establish support...
Thursday, 19 March 2020

Cash Accounting Scheme

The scheme allows you to account for VAT (output tax) on your sales on the basis of payments you receive, rather than on tax invoices you issue. This is...
Thursday, 19 March 2020

Treasury Minister: banks ready to help during coronavirus pandemic

Treasury Minister Alfred Cannan MHK has acknowledged the role the financial sector is prepared to play during the coronavirus pandemic and praised the...
Wednesday, 18 March 2020
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