Income Tax and National Insurance News
Isle of Man signs Tax co-operation agreement with Swaziland
The Isle of Man has signed a Tax Information Exchange Agreement (TIEA) with the Kingdom of Swaziland.
The TIEA was signed by Eddie Teare MHK, the Isle of...
Monday, 1 September 2014
Tax agreement with Luxembourg comes into force
The Isle of Man’s Agreement for the Avoidance of Double Taxation and the Prevention of Fiscal Evasion with Respect to Taxes on Income and on Capital with...
Wednesday, 13 August 2014
Intergovernmental Agreements to Improve International Tax Compliance - Revised Guidance Notes Issued July 2014
The Isle of Man, in conjunction with Jersey and Guernsey, has today published revised Guidance Notes relating to the Intergovernmental Agreements to Improve...
Monday, 28 July 2014
Tax reminder over 'Personal Service Companies'
Businesses and individuals who engage the services of a worker through a ‘Personal Service Company’ are being reminded that they must comply with a new law...
Tuesday, 17 June 2014
Sign up for Online Tax Services
The 6 October deadline for submitting 2013/14 personal tax returns is now just over three months away and the Income Tax Division is taking this opportunity to...
Friday, 13 June 2014
Income Tax Cap
The Income Tax Division of Treasury has today issued Guidance Note GN 51 “Income Tax Cap” which explains the changes that were made to the income tax cap regime...
Tuesday, 27 May 2014
Proposal document issued
In the Treasury Minister’s 2014 Budget speech, he stated that he would ask the Assessor of Income Tax to introduce a compulsory online filing requirement for...
Monday, 12 May 2014
Intergovernmental Agreements to Improve International Tax Compliance - Revised Guidance Notes Issued
The Isle of Man, in conjunction with Jersey and Guernsey, has today published revised Guidance Notes relating to the Intergovernmental Agreements to Improve...
Wednesday, 2 April 2014
Personal Service Companies
The Income Tax Division of Treasury has today issued Guidance Note GN 50 “Personal Service Companies”.
The Guidance Note explains how new legislation, that...
Thursday, 20 March 2014
Notices of coding 2014/15
In his Budget speech last month, the Treasury Minister, announced an increase in income tax personal allowances as follows:
personal...
Friday, 28 February 2014
