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Income Tax and National Insurance News

Corporate income tax return form for accounting period ending on 31 March 2012

If a corporate taxpayer fails to submit its income tax return by the due date then they become liable to a £250 late return penalty. As this building is closed...
Thursday, 28 March 2013

More Online Tax Services - sign up now

There have been further additions to Online Tax Services that enable people to deal with their tax affairs from the comfort of their own home and at a time...
Monday, 4 February 2013

Isle of Man Signs Tax Co-operation Agreements with Jersey and Guernsey

As part of the Isle of Man Government’s ongoing programme of signing Double Taxation Agreements (DTAs) and Tax Information Exchange Agreements (TIEAs), Treasury...
Thursday, 24 January 2013

Taxation strategy receives Tynwald approval

The Treasury Minister, Hon Eddie Teare MHK, announced in his first budget in February 2012 that he would publish a new tax strategy which, if supported by...
Wednesday, 16 January 2013

Malcolm Couch to be the next Chief Financial Officer

Malcolm Couch, the Isle of Man Government's current Assessor of Income Tax, will be its next Chief Financial Officer. He will take over the Treasury position...
Tuesday, 15 January 2013

Isle of Man signs tax co-operation agreement with Argentina

The Isle of Man has signed a Tax Information Exchange Agreement (TIEA) with Argentina. The TIEA was signed by Argentina’s Federal Administrator, Dr. Ricardo...
Friday, 14 December 2012

Tax Agreement With Qatar 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 with the State of...
Wednesday, 5 December 2012

Tax Agreement with Qatar 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 with the State of Qatar...
Friday, 23 November 2012

Foreign Account Tax Compliance Act (FATCA)

The Governments of Guernsey, the Isle of Man and Jersey are today (9 October 2012) simultaneously announcing their intention to negotiate partnership agreements...
Tuesday, 9 October 2012

Isle of Man signs Tax Co-operation Agreements with Singapore and Turkey

The Isle of Man today continued with its programme of developing closer economic and taxation co-operation with other countries by signing a Double Taxation...
Thursday, 27 September 2012
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