Our Island Plan

Tax, VAT and Your Money News

Tax return deadline approaching for Employers and Contractors

The deadline for submitting employer’s and contractor’s tax returns for the tax year ended 5 April 2026 is now just two weeks away. The statutory due date for...
Tuesday, 21 April 2026

Sanctions Update: Global Human Rights

This news release is issued to publicise the correction of one entry under the Global Human Rights sanctions regime. The Global Human Rights Sanctions...
Friday, 17 April 2026

Sanctions Update: Afghanistan

This news release is issued to publicise the amendment of three entries under the UN 1988 sanctions regime. This regime imposes an asset freeze, a travel ban...
Thursday, 16 April 2026

Treasury rates error leads to revised demands in Andreas

An administrative error within Treasury relating to rates demands for Andreas Parish Commissioners for 2026/27 is in the process of being corrected. The issue...
Thursday, 16 April 2026

Sanctions Update: Afghanistan

This news release is issued to publicise the amendment of four entries under the UN 1988 sanctions regime. This regime imposes an asset freeze, a travel ban...
Tuesday, 14 April 2026

Typologies and Red Flags regarding Sham Transactions and Sanctions Evasion

External guidance published by the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) has been added to the Sanctions Guidance...
Tuesday, 14 April 2026

Sanctions Update: Global Human Rights

This news release is issued to publicise the amendment of one entry under the Global Human Rights sanctions regime. The Global Human Rights Sanctions...
Tuesday, 14 April 2026

Treasury publishes third quarterly 2025-26 Government Management Accounts

The Central Government Summary Management Accounts covering the third quarter of the 2025-26 financial year, up to 31 December 2025, have been...
Monday, 13 April 2026

New VAT relief on some charitable donations

From 1 April 2026, changes to the Value Added Tax Act 1996 mean that VAT-registered businesses will no longer be required to account for VAT when donating...
Thursday, 2 April 2026

VAT and other indirect taxes: Late payment interest rate on VAT and other indirect taxes to increase from 1 May 2026

The interest rate charged on late payments of VAT and other indirect taxes will increase from 1 May 2026. The interest rate is calculated by applying the Bank...
Tuesday, 31 March 2026
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