Tax, VAT and Your Money News
Tax agreement with Lesotho comes into force
The Isle of Man’s Agreement for the Exchange of Information Relating to Tax Matters with the Kingdom of Lesotho entered into force on 3 January 2015.
The...
Tuesday, 6 January 2015
Sanctions Notice: Financial Sanctions: Libya
This news release is issued in respect of the asset freezing measures relating to Libya.
An asset freeze no longer applies to the individual listed below. As a...
Tuesday, 23 December 2014
Sanctions Notice: European Union Sanctions – Ukraine / Russia
Issue of Guidance Note by the European Commission
The European Commission has published a guidance note in question and answer format on the implementation of...
Friday, 19 December 2014
Export Licensing Control – Exports of Dual-Use Items
Exports of Dual-Use Items
Changes come into force from 31 December 2014 that affect exports from the Isle of Man and UK of dual-use items. These follow...
Friday, 19 December 2014
Treasury Minister welcomes confirmation of AA1 rating
Treasury Minister Eddie Teare MHK welcomed the announcement today (17 December 2014) of the Isle of Man’s unchanged Aa1 credit rating by Moody’s Investors...
Wednesday, 17 December 2014
Important information regarding corporate income tax returns for accounting periods ended on 31 December 2013
If a corporate taxpayer fails to submit its income tax return by the due date, then they may become liable to a £250 late return penalty. As the Income Tax...
Wednesday, 17 December 2014
Intergovernmental Agreements to Improve International Tax Compliance
The Isle of Man has today published revised Guidance Notes relating to the Intergovernmental Agreements to Improve International Tax Compliance signed in 2013...
Monday, 15 December 2014
Trends highlight need for action on big ticket issues
The latest Quarterly Economic Report to the Council of Ministers highlights the continued growth in the number of pensioners in the Isle of Man.
The report,...
Friday, 12 December 2014
Sanctions Notice: Financial Sanctions: Terrorism and Terrorist Financing
The Terrorist Asset-Freezing Etc. Act 2010 (of Parliament), as it applies in the Isle of Man, implements the terrorist asset-freezing requirements of UN...
Thursday, 11 December 2014
Sanctions Notice: Financial Sanctions: Democratic Republic of the Congo
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...
Thursday, 11 December 2014