Tax, VAT and Your Money News
Coronavirus (COVID-19) – How to contact the Income Tax Division
The Income Tax Division is committed to ensuring that the welfare and safety of our customers and staff is our top priority in these unprecedented times.
As we...
Friday, 20 March 2020
Sanctions Notice: Financial Sanctions: Democratic Republic of the Congo
This news release is issued in respect of financial sanctions imposed against the Democratic Republic of the Congo.
Annex I to Council Regulation (EC) No...
Friday, 20 March 2020
Sanctions Notice: Financial Sanctions: Ukraine(Sovereignty and Territorial Integrity)
This news release is issued in respect of measures taken against certain persons, entities and bodies in view of the situation in Ukraine.
Annex I to Council...
Thursday, 19 March 2020
Treasury Minister issues assurance to business community
Treasury Minister Alfred Cannan MHK has today issued assurance to the business community that a huge amount of work is taking place to establish support...
Thursday, 19 March 2020
Cash Accounting Scheme
The scheme allows you to account for VAT (output tax) on your sales on the basis of payments you receive, rather than on tax invoices you issue. This is...
Thursday, 19 March 2020
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 Regulation (EC) No...
Thursday, 12 March 2020
2020/21 Notices of Coding
In his Budget speech last month, the Treasury Minister announced changes in income tax personal allowances as follows:
Personal...
Tuesday, 10 March 2020
Sanctions Notice: Financial Sanctions: Libya
This news release is issued in respect of the asset freezing measures relating to Libya.
Annex II to Council Regulation (EU) No 2016/44 has been amended with...
Friday, 6 March 2020
Sanctions Notice: Financial Sanctions - Ukraine (Misappropriation and Human Rights)
This news release is issued in respect of financial sanctions measures taken against certain persons identified as responsible for the misappropriation of state...
Friday, 6 March 2020
Sanctions Notice: Financial Sanctions: ISIL (Da’esh) and Al-Qaida (1)
This news release is issued in respect of the restrictive measures directed against the ISIL (Da’esh) and Al-Qaida organisations.
Annex I to Regulation (EC) No...
Wednesday, 4 March 2020
