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The Treasury News

Export Control (Amendment) (No. 2) Order 2017 (Application) Order 2017

The Treasury advises that the above Order has been made and comes into effect on 17 March 2017, making various amendments to existing export control legislation...
Monday, 13 March 2017

2017/18 Notices of Coding

In his Budget speech last month, the Treasury Minister announced changes in income tax personal allowances and the 10% tax rate band as...
Monday, 13 March 2017

Sanctions Notice: Financial Sanctions - Ukraine

This news release is issued in respect of measures taken against certain persons, entities and bodies in view of the situation in Ukraine. Annex I to Council...
Monday, 6 March 2017

Sanctions Notice: Financial Sanctions: ISIL (Da’esh) and Al-Qaida

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...
Tuesday, 28 February 2017

Sanctions Notice: European Union Sanctions – New Orders apply EU Regulations concerned with sanctions measures involving Syria, ISIL and Al-Qaida and Terrorism

At the Tynwald sitting on 21 February 2017 application orders made under the European Communities (Isle of Man) Act 1973 applied in Island law the following...
Thursday, 23 February 2017

Sanctions Notice: Financial Sanctions: Terrorism and Terrorist Financing

The Terrorism and Other Crime (Financial Restrictions) Act 2014 (“the Act”) implements the terrorist asset-freezing requirements of UN Security Council...
Thursday, 23 February 2017

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 Council Regulation...
Wednesday, 22 February 2017

Budget focus on working families

Support for working families was a key theme when Treasury Minister Alfred Cannan MHK unveiled his first Budget in Tynwald today (Tuesday, February 21,...
Tuesday, 21 February 2017

Government income and expenditure

Government’s revenue budget is forecasting a surplus of £2.86m for 2017-18. Total income for the year is estimated at £964m, an increase of 4.8% over the...
Tuesday, 21 February 2017

Spending equates to £12,277 per person

Total Government spending projected for 2017/18 equates to around £12,277 per head for every man, woman and child of the Island’s population. [See note] This...
Tuesday, 21 February 2017
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