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Tax, VAT and Your Money News

Securing strong foundations for the future

'A fair and responsible Budget that helps some of the least well off in our Island while providing a solid platform for the future.'
Tuesday, 16 February 2016

Spending equates to £11,750 per person

Total Government spending projected for 2016/17 equates to around £11,750 per head for every man, woman and child of the Island's population (1*).
Tuesday, 16 February 2016

Government income and expenditure

Government's revenue budget has been balanced and a small surplus of £0.3m is forecast for 2016-17.
Tuesday, 16 February 2016

Consultation Response Documents Issued

Treasury has today issued response documents to the following consultations: Proposed changes to Individual Taxation (consultation period 14 August – 9...
Tuesday, 16 February 2016

Sanctions Notice: Financial Sanctions: Terrorism and Terrorist Financing

The Terrorism and Other Crime (Financial Restrictions) Act 2014 implements the terrorist asset-freezing requirements of UN Security Council Resolution 1373...
Friday, 12 February 2016

Sanctions Notice: Financial Sanctions: Terrorism and Terrorist Financing

The Terrorism and Other Crime (Financial Restrictions) Act 2014 implements the terrorist asset-freezing requirements of UN Security Council Resolution 1373...
Tuesday, 9 February 2016

Sanctions Notice: Financial Sanctions: Iran (Nuclear Proliferation)

This news release is issued to publicise the annulment of four entries on the sanctions list as a result of judgements issued by the General Court of the...
Monday, 8 February 2016

Sanctions Notice: Financial Sanctions: Terrorism and Terrorist Financing

The Terrorism and Other Crime (Financial Restrictions) Act 2014 implements the terrorist asset-freezing requirements of UN Security Council Resolution 1373...
Friday, 5 February 2016

Isle of Man and Switzerland sign Joint Declaration

The Isle of Man has signed a joint declaration with Switzerland addressing the introduction, on a reciprocal basis, of the automatic exchange of financial...
Friday, 29 January 2016

Sanctions Notice: Terrorism and Other Crime (Financial Restrictions) Act 2014 – Revocation of Final Designation

On 26 January 2016, the final designation of the person below was revoked by HM Treasury. Consequently, he is not a designated person for the purpose of the...
Wednesday, 27 January 2016
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