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Tax, VAT and Your Money News

Sanctions Notice: European Union Sanctions – North Korea

On 15 December 2017, the European Union (North Korea Sanctions) (Amendment) (No. 7) Order 2017 [SD 2017/0363] came into operation, applying in Island law...
Friday, 15 December 2017

European Union Sanctions – Venezuela

This news release is issued to publicise a new sanctions regime in relation to Venezuela. On 15 December 2017, the European Union (Venezuela Sanctions) Order...
Friday, 15 December 2017

Have you paid your tax bill?

Payment of any outstanding amounts for 2016/17 personal tax assessments and 2017/18 payment on account notices are due on 6 January 2018 - less than a month...
Monday, 11 December 2017

Release of Isle of Man Christmas £5 coin

The Isle of Man Government is pleased to announce the launch of its 2017 Christmas coin. The £5 coin depicts a Peace Dove with outstretched wings surrounded by...
Monday, 11 December 2017

Sanctions Notice: Financial Sanctions: Libya

This news release is issued in respect of the financial sanctions measures relating to Libya. Annex V to Regulation (EU) No 2016/44 has been amended with...
Friday, 8 December 2017

New scam – Telephone calls from HMRC

The OFT is warning the public about a new scam, after being contacted by concerned Manx residents. There is currently a telephone scam where a recorded message...
Thursday, 7 December 2017

Treasury inspectors target benefits cheats

The Treasury has revealed that benefits cheats falsely claimed more than £200,000 in the first half of the current financial year. In addition, the...
Thursday, 7 December 2017

Sanctions Notice: Financial Sanctions: Iraq

This news release is issued in respect of the restrictive measures directed against Iraq. On 24 November 2017, the United Nations Security Council Committee...
Tuesday, 5 December 2017

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...
Tuesday, 5 December 2017

Isle of Man welcomes ECOFIN decision

The Isle of Man Government has welcomed the decision from European Finance Ministers not to place the Island on the list of non-cooperative jurisdictions for...
Tuesday, 5 December 2017
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