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Tax, VAT and Your Money News

Annual Earnings Survey

Full-time earnings rose last year by 3.9%, but fell very slightly by 0.1% when adjusted for inflation, according to statistics contained in the Government’s...
Today

Value Added Tax Act 1996 (Amendment) Order 2018

The Treasury advises that the above Order has been made and comes into operation on 1 March 2018, and introduces a new penalty against participation in VAT...
Today

Sanctions Notice: Financial Sanctions: ISIL (Da’esh) and Al-Qaida

This news release is issued in respect of the restrictive measures directed against the ISIL (Da’esh) and Al-Qaida organisations. Annex I to Council Regulation...
Yesterday

Spending equates to £12,667 per person

Total Government spending projected for 2018-19 equates to around £12,667 per head for every man, woman and child of the Island’s population. This per person...
Tuesday, 20 February 2018

Soft Drinks Industry Levy (SDIL)

The Treasury Minister has confirmed today that the introduction of the Soft Drinks Industry Levy (SDIL) on the Island has been postponed for one year until 1...
Tuesday, 20 February 2018

A Budget of substance for an Island of substance

Highlighting the growth of our diverse economy and meeting the financial challenges facing both the Government and Island citizens were the key themes when...
Tuesday, 20 February 2018

Proposed pensions freedoms consultation responses published

At the July 2017 sitting of Tynwald, the Treasury Minister announced the launch of a public consultation concerning the proposed introduction of a new pension...
Tuesday, 20 February 2018

Financial Sanctions: Terrorism and Terrorist Financing

On 20 February 2018, HM Treasury renewed the final designations in respect of the following individuals: RENEWAL OF FINAL DESIGNATION [Additional information...
Tuesday, 20 February 2018

2018 Budget at a glance

The 2018 Budget puts in place progressive, affordable and sustainable measures to support the continued growth of the Isle of Man economy and to help all...
Tuesday, 20 February 2018

Sanctions Notice: Financial Sanctions: Zimbabwe

This news release is issued to publicise changes to EU sanctions measures in relation to Zimbabwe. Council Regulation (EC) 314/2004 imposing financial...
Friday, 16 February 2018
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