The Treasury News
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 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
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
Emergency business support measures to be introduced
The first emergency support measures for businesses and workers affected by Coronavirus (Covid-19) have been announced today by the Isle of Man Government.
The...
Tuesday, 17 March 2020
Speech: Minister for the Treasury’s statement to Tynwald on coronavirus
By: Hon Alfred Cannan MHK, Minister for the Treasury
Mr President
I want to thank the Minister for Health and Social Care for his statement. I am sure that I...
Tuesday, 17 March 2020
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 Regulation (EC) No...
Thursday, 12 March 2020
2020/21 Notices of Coding
In his Budget speech last month, the Treasury Minister announced changes in income tax personal allowances as follows:
Personal...
Tuesday, 10 March 2020
Treasury Minister outlines coronavirus contingency plans
Treasury Minister Alfred Cannan MHK has today written to the President of Tynwald to outline how the Treasury is intending to act in relation to the Isle of Man...
Tuesday, 10 March 2020
Sanctions Notice: Financial Sanctions: Libya
This news release is issued in respect of the asset freezing measures relating to Libya.
Annex II to Council Regulation (EU) No 2016/44 has been amended with...
Friday, 6 March 2020
Sanctions Notice: Financial Sanctions - Ukraine (Misappropriation and Human Rights)
This news release is issued in respect of financial sanctions measures taken against certain persons identified as responsible for the misappropriation of state...
Friday, 6 March 2020