Tax, VAT and Your Money News

This news release is issued to publicise the addition of eleven entries under the Iran sanctions regime. The Iran (Sanctions) Regulations 2023 have effect in...

This is a reminder that the Alcohol Duty rates will increase on 1 February 2026.   You can find the new alcohol duty rates, draught rates and small producer...

Representatives from the MONEYVAL Secretariat, the international body which will conduct the Island’s Mutual Evaluation this year, are on the Island next week...

In a weeks’ time, the OFSI Consolidated List of Asset Freeze Targets is closing. From 9am on Wednesday 28 January 2026 the UK Sanctions List will be the only...

General licence - IOM/2023/RUS041 The Treasury has the power to issue General Licences for financial and trade sanctions regimes under a number of...

The Treasury has the power to issue General Licences for financial and trade sanctions regimes under a number of Regulations. On 9 January 2026, the Treasury...

The Treasury has the power to issue General Licences for financial and trade sanctions regimes under a number of Regulations. On 16 January 2026, the Treasury...

This news release is issued to publicise the amendment of one entry under the Russia sanctions regime. The Russia (Sanctions) (EU Exit) Regulations 2019 have...

Following the UK’s Autumn Budget announcements, changes are being made to the VAT Tour Operators’ Margin Scheme from 2 January 2026. The change will exclude...

This news release is issued to publicise the addition of nine entries under the Syria sanctions regime. The Syria (Sanctions) (EU Exit) Regulations 2019 have...