Tax, VAT and Your Money News

The Income Tax Division’s public counter on the second floor of Government Office has been closed until further notice. The team is committed to protecting the...

This news release is issued in respect of the restrictive measures directed against certain persons and entities in relation to Egypt. Following the...

The Office of Financial Sanctions Implementation (OFSI), part of HM Treasury, has renwed the final designation of one individual with effect from 23 March...

During a Press Conference at 10 am on 23 March 2020, the Treasury Minister announced the following measures in relation to VAT payments. To assist businesses...

The Income Tax Division is committed to ensuring that the welfare and safety of our customers and staff is our top priority in these unprecedented times. As we...

This news release is issued in respect of financial sanctions imposed against the Democratic Republic of the Congo. Annex I to Council Regulation (EC) No...

This news release is issued in respect of measures taken against certain persons, entities and bodies in view of the situation in Ukraine. Annex I to Council...

Treasury Minister Alfred Cannan MHK has today issued assurance to the business community that a huge amount of work is taking place to establish support...

The scheme allows you to account for VAT (output tax) on your sales on the basis of payments you receive, rather than on tax invoices you issue. This is...

This news release is issued in respect of the restrictive measures directed against the ISIL (Da’esh) and Al-Qaida organisations. Annex I to Regulation (EC) No...