Income Tax and National Insurance News

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...

The Income Tax Division is offering guidance to residents who may be worried about increased scrutiny of their income from off-Island as a result of new global...

The Treasury has launched a public consultation on a proposal to stop workers being exempted from making National Insurance contributions once they reach state...

This news release is issued in respect of the restrictive measures directed against certain persons and entities in Afghanistan. The European Commission has...

The Isle of Man’s Agreement for the Exchange of Information Relating to Tax Matters with the Government of the Italian Republic entered into force on 10 June...

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

The Income Tax Division of Treasury has apologised for an operational error which resulted in groups of its customers being able to see each other’s e-mail...

On 1 April 2015 the Italian Ministry of Economy and Finance removed the Isle of Man from its blacklist. The new list implements provisions, announced in the...