Income Tax and National Insurance News

Following approval at the February sitting of Tynwald a compulsory online filing regime will be introduced for companies with accounting periods ending on or...

The Isle of Man’s Agreement for the Exchange of Information Relating to Tax Matters with the Kingdom of Lesotho entered into force on 3 January 2015. The...

If a corporate taxpayer fails to submit its income tax return by the due date, then they may become liable to a £250 late return penalty. As the Income Tax...

The Isle of Man has today published revised Guidance Notes relating to the Intergovernmental Agreements to Improve International Tax Compliance signed in 2013...

Treasury Minister Eddie Teare MHK has signed an historic agreement in Berlin today placing the Isle of Man amongst the first group of countries in the world to...

Isle of Man Government has today announced that almost a quarter of all individual tax returns this year were submitted through the Government website –...

The Isle of Man’s Agreement for the Exchange of Information Relating to Tax Matters with the Republic of Indonesia entered into force on 22 September...

The Isle of Man’s Agreement for the Exchange of Information Relating to Tax Matters with the Swiss Confederation entered into force on 14 October 2014.  The...

On 7 October 2014 the Republic of Colombia’s Ministry of Finance and Public Credit published Decree 1966/2014, the effect of which is to remove the Isle of Man...

The Income Tax Division has today published a public response document entitled ‘Proposed Introduction of Compulsory Online Filing of Company Tax...