Tax, VAT and Your Money News

Annex I to Council Regulation (EC) No 2016/1686 has been amended with effect from 26 February 2018, following the publication of Commission Implementing...

This news release is issued in respect of the restrictive measures directed against certain persons and entities in view of the situation in Syria. Annex II to...

Isle of Man residents are being reminded that United Kingdom round pound coins will no longer be accepted as a form of payment for services and retail purchases...

In his Budget speech last week, the Treasury Minister announced changes in income tax personal allowances as follows: Personal...

On 12 January 2018 a Corrigenda was published in the Official Journal of the European Union, correcting Council Regulation (EU) 2017/1509, in respect of the...

Full-time earnings rose last year by 3.9%, but fell very slightly by 0.1% when adjusted for inflation, according to statistics contained in the Government’s...

The Treasury advises that the above Order has been made and comes into operation on 1 March 2018, and introduces a new penalty against participation in VAT...

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...

Total Government spending projected for 2018-19 equates to around £12,667 per head for every man, woman and child of the Island’s population. This per person...

Highlighting the growth of our diverse economy and meeting the financial challenges facing both the Government and Island citizens were the key themes when...