Tax, VAT and Your Money News

30 million pound construction boost from wealthy residents

The contribution made by wealthy residents to the local economy of the Island is highlighted in the latest quarterly economic report to the Council of Ministers...
Friday, 28 February 2014

Government opens up its books online

Government is opening up its financial information to the public via a new website designed to increase the transparency of its accounts. The Treasury online...
Friday, 28 February 2014

Notices of coding 2014/15

In his Budget speech last month, the Treasury Minister, announced an increase in income tax personal allowances as follows:  personal...
Friday, 28 February 2014

Sanctions Notice: EU Zimbabwe Sanctions

On 20 February 2014, the European Union adopted Council Regulation (EU) No 153/2014 which had the effect of removing virtually all individuals and entities from...
Wednesday, 26 February 2014

Sanctions Notice: Financial Sanctions: Terrorism and Terrorist Financing

The Terrorist Asset-Freezing Etc. Act 2010 (of Parliament), as it applies in the Isle of Man, implements the terrorist asset-freezing requirements of UN...
Wednesday, 26 February 2014

Sanctions Notice: Financial Sanctions: Terrorism and Terrorist Financing

The Terrorist Asset-Freezing Etc. Act 2010 (of Parliament), as it applies in the Isle of Man, implements the terrorist asset-freezing requirements of UN...
Monday, 24 February 2014

Department of Economic Development's response to the Isle of Man Budget 2014

The Minister for Economic Development John Shimmin MHK is confident that his Department will help drive further economic growth and job creation following the...
Thursday, 20 February 2014

Isle of Man Government Finances for 2014/15

TOTAL Treasury receipts for 2014-15 are estimated to be £533.6m, an increase of 3.0 % over the current year's estimate.
Tuesday, 18 February 2014

Budget support for jobs and workers

The importance of employment, and the pressures being felt by the Island’s working population, were key themes when Treasury Minister Eddie MHK presented his...
Tuesday, 18 February 2014

Update on Budget Rebalancing Strategy

AS part of the 2014 Budget presented to Tynwald, Treasury Minister Eddie Teare MHK updated Government’s financial forecasts. The rebalancing plan remains a...
Tuesday, 18 February 2014