The Treasury News
Value Added Tax: Reduced rate of 5%
Following on from announcements made by the Treasury on 8 and 9 July 2020, the temporary reduced rate of 5% for certain supplies made by the hospitality...
Wednesday, 15 July 2020
Sanctions Notice: Financial Sanctions: Libya
This news release is issued to publicise a correction issued by HM Treasury’s Office of Financial Sanctions Implementation in respect of 49 listings in the...
Tuesday, 14 July 2020
Surveys to gauge economic impact of coronavirus pandemic
Two surveys aiming to assess the economic impact of the coronavirus pandemic in the Isle of Man have been launched today.
The findings will be used to inform...
Friday, 10 July 2020
Sanctions Notice: Financial Sanctions: Syria
This news release is issued to publicise a correction for two listings in the Syria regime, which brings the UK’s Consolidated List into line with Annex II to...
Friday, 10 July 2020
Financial Sanctions: Democratic People’s Republic of Korea (North Korea)
This news release is issued to correct an entry listing for the Democratic People's Republic of Korea sanctions regime.
Council Regulation (EU) 2017/1509 has...
Friday, 10 July 2020
Sanctions Notice: Financial Sanctions: Libya
This news release is issued to correct an entry listed under the financial sanctions regime imposed on Libya.
Council Regulation (EU) 204/2011 was amended so...
Friday, 10 July 2020
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