Tax, VAT and Your Money News
Sanctions Lists Update: Afghanistan
This news release is issued to publicise the amendment of five entries on the UN sanctions list.
On 31 July 2026 the United Nations Security Council updated the...
Friday, 31 July 2026
Simplification of the Capital Goods Scheme
From 29 July 2026, the Capital Goods Scheme (CGS) will be simplified. The CGS requires businesses to make adjustments to the VAT claimed on certain high-value...
Wednesday, 29 July 2026
Sanctions Lists Update: Libya
This news release is issued to publicise the addition of one entry on the UN sanctions list.
On 22 July 2026 the United Nations Security Council updated the UN...
Friday, 24 July 2026
Sanctions Lists Update: Russia
This news release is issued to publicise the amendment of two entries and correction of one entry on the UK sanctions list.
On 23 July 2026 the Foreign,...
Thursday, 23 July 2026
VAT to be removed from domestic electricity supplies from 1 October 2026
The Treasury can confirm Isle of Man residents will benefit from a reduction in the VAT rate from 5% to 0% on domestic electricity supplies, announced today by...
Wednesday, 22 July 2026
Government publishes 2025-26 Summary Management Accounts
The Central Government Summary Management Accounts covering the full financial year for 2025-26 have been published.
The accounts show an overall positive...
Monday, 20 July 2026
Sanctions Lists Update: Libya
This news release is issued to publicise the removal of one entry on the UK sanctions list.
On 17 July 2026 the Foreign, Commonwealth and Development Office...
Friday, 17 July 2026
Sanctions Lists Update: Democratic Republic of the Congo
This news release is issued to publicise the addition of eight entries on the UN sanctions list.
On 14 July 2026 the Foreign, Commonwealth and Development...
Friday, 17 July 2026
Sanctions Lists Update: Sudan
This news release is issued to publicise the addition of eleven entries on the UK sanctions list.
On 16 July 2026 the Foreign, Commonwealth and Development...
Thursday, 16 July 2026
Sanctions Lists Update: Global anti-corruption
This news release is issued to publicise the amendment of one entry on the UK sanctions list.
On 15 July 2026 the Foreign, Commonwealth and Development Office...
Thursday, 16 July 2026

