Customs and Excise News

External guidance published by the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) has been added to the Sanctions Guidance...

From 1 April 2026, changes to the Value Added Tax Act 1996 mean that VAT-registered businesses will no longer be required to account for VAT when donating...

The interest rate charged on late payments of VAT and other indirect taxes will increase from 1 May 2026. The interest rate is calculated by applying the Bank...

Air Passenger Duty ('APD') is a tax applied to outbound flights from the Isle of Man. It is charged per adult passenger and is included in the price of your...

Plastic packaging tax is an indirect tax applied to plastic packaging components produced in, or imported into, the Island. The aim of the tax is to reduce...

The Soft Drinks Industry Levy applies to the production and importation of soft drinks containing added sugar. The levy applies to drinks with 5g or more of...

The UK-India Free Trade Agreement establishes a preferential trade framework governing trade in goods between the United Kingdom and India. To qualify for...

The Treasury has updated the structure of the Sanctions and Export Control website to make key information easier to find and navigate. These improvements have...

This is a reminder that the Alcohol Duty rates will increase on 1 February 2026.   You can find the new alcohol duty rates, draught rates and small producer...

Following the UK’s Autumn Budget announcements, changes are being made to the VAT Tour Operators’ Margin Scheme from 2 January 2026. The change will exclude...