The Treasury News

The Treasury has revealed that benefits cheats falsely claimed more than £200,000 in the first half of the current financial year. In addition, the...

The Treasury has today launched a consultation on proposed changes to two income-related social security benefits – employed person’s allowance and income...

The Treasury is formally consulting the public on options to reform civil debt recovery in the Isle of Man.    Civil debt arises from a legal judgment where...

The Isle of Man has retained its top ‘Compliant’ rating by the global body reviewing tax transparency around the world. The OECD (Organisation for Economic...

The Income Tax Division of Treasury has recently been made aware that local residents have received emails purporting to be from the Division in relation to tax...

Reducing the use of agency nurses and moving services online are just some of the ideas being looked at by the Isle of Man Government as part of its Securing...

The Island has a buoyant economy, despite a slight drop in national income for 2015/16. The national income report for the year, published today, shows that...

This news release is issued in respect of the financial sanctions measures relating to Libya. Annex V to Regulation (EU) No 2016/44 has been amended with...

The Treasury Minister, Alfred Cannan MHK, has announced a delay of 12 months in the abolition of Class 2 self-employed National Insurance contributions,...

The Isle of Man and Austria are the first countries to ratify a new international treaty against tax avoidance by multinational companies. The Isle of Man...