The Treasury News
Financial Sanctions: Democratic Republic of the Congo
This news release is issued to correct two entries in respect of the Democratic Republic of the Congo.
Council Regulation (EC) 1183/2005 has been amended so...
Friday, 10 July 2020
The end of the VAT deferral period
This news release is issued to draw attention to the end of the VAT deferral period.
VAT payments could only be automatically deferred if they...
Thursday, 9 July 2020
Value Added Tax: Guidance on the temporary reduced rate of VAT for hospitality, holiday accommodation and attractions
Further information on the temporary reduced rate of 5% VAT for the hospitality industry, holiday accommodation and on admission charges to attractions...
Thursday, 9 July 2020
VAT reduction on food and attractions to stimulate business
In order to stimulate business in the hospitality sector, the Isle of Man’s VAT rate on food and attractions will be reduced to 5% from Wednesday 15 July to...
Wednesday, 8 July 2020
Sanctions Notice: Financial Sanctions: Global Human Rights
The United Kingdom has introduced a new financial sanctions regime, which came into force on 6 July, imposing sanctions to deter those who are, or have been,...
Tuesday, 7 July 2020
Sanctions Notice: Financial Sanctions: Terrorism and Terrorist Financing
The Office of Financial Sanctions Implementation (OFSI), part of HM Treasury, has renewed the final designations of five individuals with effect from 6 July...
Tuesday, 7 July 2020
Value Added Tax: Extension of temporary zero rate for PPE
This news release is issued to advise that the temporary changes to the VAT treatment of personal protective equipment (PPE) has been extended to 31 October...
Friday, 3 July 2020
Sanctions Notice: Financial Sanctions: Venezuela
This news release is issued in respect of the restrictive measures directed against Venezuela.
Annex IV to Council Regulation (EU) No 2017/2063 has been...
Tuesday, 30 June 2020
Sanctions Notice: Financial Sanctions: Iran (Nuclear Proliferation)
This news release is issued in respect of the restrictive measures directed by the Council of the European Union against Iran (Nuclear Proliferation).
On 19...
Monday, 22 June 2020
Changes to Partial Exemption VAT treatment relating to supply of goods on hire purchase agreements
This news release is issued to raise awareness of a change to partial exemption VAT treatment for businesses that supply goods on hire purchase agreements and...
Monday, 15 June 2020