Our Island Plan

Tax, VAT and Your Money News

Isle of Man to welcome MONEYVAL to deliver Country Training

Representatives from the MONEYVAL Secretariat, the international body which will conduct the Island’s Mutual Evaluation this year, are on the Island next week...
Friday, 23 January 2026

Reminder: The OFSI Consolidated List of Asset Freeze Targets is closing

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...
Wednesday, 21 January 2026

Financial Sanctions: Russia General Licence IOM/2023/RUS041

General licence - IOM/2023/RUS041 The Treasury has the power to issue General Licences for financial and trade sanctions regimes under a number of...
Wednesday, 21 January 2026

Financial Sanctions: Russia General Licence IOM/2026/RUS050

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...
Monday, 19 January 2026

Financial Sanctions: Russia General Licence IOM/2024/RUS042

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...
Monday, 19 January 2026

Sanctions Update: Russia

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...
Friday, 16 January 2026

VAT: Changes to the Tour Operators’ Margin Scheme from 2 January 2026

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...
Wednesday, 31 December 2025

Sanctions Update: Syria

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...
Friday, 19 December 2025

Sanctions Update: Russia

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...
Friday, 19 December 2025

Amendments to Export Control legislation

The Treasury advises that amendments to the Export Control Order 2008, Council Regulation (EC) No. 428/2009 and Regulation (EU) 2019/125, as they have effect in...
Thursday, 18 December 2025
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