Income Tax and National Insurance News

As part of the Isle of Man Government’s continuing commitment to meet international standards in tax co-operation and transparency, a Tax Information Exchange...

The Island is seeing a big increase in the number of taxpayers discovering the benefits of submitting their personal income tax returns online. With less...

A consultation has been launched on the updating of the Island’s income tax legislation on the making and keeping of accounting records to meet international...

The 30 June deadline for Isle of Man Reporting Financial Institutions to submit their 2015 US FATCA reports to the Income Tax Division is now only two weeks...

The Isle of Man Government’s Agreement for the Exchange of Information Relating to Tax Matters with the Government of the Republic of Botswana entered into...

Treasury has today issued response documents to the following consultations: Proposed changes to Individual Taxation (consultation period 14 August – 9...

The Isle of Man has signed a joint declaration with Switzerland addressing the introduction, on a reciprocal basis, of the automatic exchange of financial...

Treasury has today launched a consultation on a proposed new scheme offering relief from income tax to investors in growing Island-based businesses. The Manx...

The Isle of Man has signed a Tax Information Exchange Agreement (TIEA) with Romania.  The TIEA was signed during a ceremony in London on 4 November 2015, by...

Over 10,000 2014/15 tax returns have already been submitted using Online Tax Services and the Income Tax Division would like to remind everyone that they are...