Customs and Excise News

Treasury Minister Alfred Cannan MHK this week signed the Final Expenditure Revenue Sharing Arrangement (FERSA) with the United Kingdom Government. The FERSA...

Legislation is being introduced which provides for penalty and forfeiture provisions for anyone diluting wine and made-wine after the excise duty point has...

This news release is issued in respect of the restrictive measures directed against certain persons and entities in relation to Egypt. Following the...

The Office of Financial Sanctions Implementation (OFSI), part of HM Treasury, has renwed the final designation of one individual with effect from 23 March...

During a Press Conference at 10 am on 23 March 2020, the Treasury Minister announced the following measures in relation to VAT payments. To assist businesses...

This news release is issued in respect of financial sanctions imposed against the Democratic Republic of the Congo. Annex I to Council Regulation (EC) No...

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...

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...

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...

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...