Tax, VAT and Your Money News

Air Passenger Duty ('APD') is a tax applied to outbound flights from the Isle of Man. It is charged per adult passenger and is included in the price of your...

Plastic packaging tax is an indirect tax applied to plastic packaging components produced in, or imported into, the Island. The aim of the tax is to reduce...

The Soft Drinks Industry Levy applies to the production and importation of soft drinks containing added sugar. The levy applies to drinks with 5g or more of...

This news release is issued to publicise the amendment of one entry under the Global Anti-Corruption sanctions regime. The Global Anti-Corruption Sanctions...

This news release is issued to publicise the removal of one entry under the ISIL (Da'esh) and Al-Qaida sanctions regime. The ISIL (Da'esh) and Al-Qaida (United...

This news release is issued to publicise the addition of four entries under the Sudan sanctions regime. The Sudan (Sanctions) (EU Exit) Regulations 2020 have...

The UK-India Free Trade Agreement establishes a preferential trade framework governing trade in goods between the United Kingdom and India. To qualify for...

This news release is issued to publicise the addition of two hundred and forty entities, seven individuals and fifty ships under the Russia sanctions...

Treasury Minister Chris Thomas MHK emphasised financial discipline and investment in services alongside a substantial rise in the personal allowance while...

Government revenue spending for 2026/27 is budgeted at £1.47 billion, representing £18,280 for every person on the Island. An extra £45m in additional funding...