Tax, VAT and Your Money News
Isle of Man to keep the round pound
The Isle of Man will not be following suit this year when the United Kingdom introduces a new 12-sided one pound coin and phases out the round version, Treasury...
Monday, 6 February 2017
Annual earnings survey
Average full-time earnings in the Isle of Man increased by 2.2% last year, according to statistics contained in the Government’s annual Earnings...
Friday, 3 February 2017
Financial Sanctions: Terrorism and Terrorist Financing
The Terrorism and Other Crime (Financial Restrictions) Act 2014 implements the terrorist asset-freezing requirements of UN Security Council Resolution 1373...
Wednesday, 1 February 2017
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 Council Regulation...
Tuesday, 31 January 2017
Sanctions Notice: Financial Sanctions: Tunisia
This news release is issued in respect of the financial measures taken against certain persons and entities associated with the Tunisian regime.
Annex I to...
Tuesday, 31 January 2017
Psychoactive Substances Act 2016 – Amended Definition of “School Premises"
On 1 February 2017 the Psychoactive Substances Act 2016 (Application) (Amendment) Order 2017 comes into operation. It amends the 2016 order that applied in...
Friday, 27 January 2017
Enhanced Tax Requirements for Accounting Records - Consultation Response Issued
Treasury has today issued a response document following its consultation on enhanced tax requirements for accounting records, and it would like to thank all...
Friday, 6 January 2017
Tax agreement with the Turks and Caicos Islands enters into force
The Isle of Man Government’s Agreement for the Exchange of Information relating to Tax Matters with the Government of the Turks and Caicos Islands enters into...
Wednesday, 14 December 2016
Sanctions Notice: Financial Sanctions: Democratic Republic of the Congo
This news release is issued to publicise changes to EU sanctions measures in relation to the Democratic Republic of the Congo.
On 12 December 2016 Council...
Wednesday, 14 December 2016
Important information - deadline for corporate income tax returns for accounting periods ended 31 December 2015
Corporate taxpayers are advised that the effective final deadline for submission of income tax returns for accounting periods ended 31 December 2015 is midnight...
Monday, 12 December 2016