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Tax, VAT and Your Money News

New image-based system will speed up clearing of cheques

Treasury legislation that will significantly speed up the time taken to process cheques is set to come into effect on Monday 30 October 2017 to coincide with...
Today

Sanctions Notice: European Union Sanctions: Mali

This news release is issued to publicise a new sanctions regime in respect of Mali. On 5 September 2017, the UN Security Council adopted Resolution 2374 that...
Yesterday

Sanctions Notice: Financial Sanctions: Terrorism and Terrorist Financing

The Terrorism and Other Crime (Financial Restrictions) Act 2014 (“the Act”) implements the terrorist asset-freezing requirements of UN Security Council...
Monday, 16 October 2017

Treasury update regarding removal of UK round pound

Banks in the Isle of Man will continue to accept United Kingdom round pound coins after they cease to be legal tender at midnight on 15 October 2017. Treasury...
Thursday, 12 October 2017

New fraud legislation comes into effect on 1 November

New legislation that will enhance the Isle of Man’s reputation as a responsible international business centre comes into effect from 1 November 2017. The Fraud...
Thursday, 5 October 2017

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...
Monday, 2 October 2017

Tax agreement with Turkey enters into force

The Isle of Man’s Agreement for the Exchange of Information Relating to Tax Matters with the Government of the Republic of Turkey enters into force on 7 October...
Friday, 29 September 2017

Sanctions Notice: Financial Sanctions: Syria

This news release is issued in respect of the restrictive measures directed against certain persons and entities in view of the situation in Syria. Annex II to...
Wednesday, 27 September 2017

Tax deadline just over one week away

With just one week to go until the October 6 deadline for the submission of personal income tax returns, Treasury has announced extra assistance to help people...
Wednesday, 27 September 2017

Sanctions Notice: Financial Sanctions: Ukraine

This news release is issued in respect of measures taken against certain persons, entities and bodies in view of the situation in Ukraine and should be read in...
Thursday, 21 September 2017
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