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Tax, VAT and Your Money News

Tax agreement with Luxembourg comes into force

The Isle of Man’s Agreement for the Avoidance of Double Taxation and the Prevention of Fiscal Evasion with Respect to Taxes on Income and on Capital with...
Wednesday, 13 August 2014

Sanctions Notice: Financial Sanctions: Sudan and South Sudan

On 8 August 2014, the following measures came into effect: European Union (Sudan Sanctions) Order 2014 This Order applied in Island law Council Regulation...
Monday, 11 August 2014

Annual rate of inflation

The annual rate of inflation shown by the Consumer Prices Index (CPI) is 1.9% for July 2014, up from 1.8% in June.  The annual rate of inflation as measured by...
Friday, 8 August 2014

Sanctions Notice: European Union Sanctions - Ukraine,Russia

On 8 August 2014, the following measures came into effect – European Union (Annexation of Crimea and Sevastopol Sanctions) Order 2014 This applied in Island...
Friday, 8 August 2014

Sanctions Notice: Syria Sanctions - Export Control (Syria Sanctions) (Amendment) Order 2014 (Application) Order 2014 - Import, Export, Transfer of Syrian Cultural Property

The above Order, which comes into effect in the Island on 8 August 2014, creates new offences of breaching certain prohibitions connected to Syrian cultural...
Monday, 4 August 2014

Intergovernmental Agreements to Improve International Tax Compliance - Revised Guidance Notes Issued July 2014

The Isle of Man, in conjunction with Jersey and Guernsey, has today published revised Guidance Notes relating to the Intergovernmental Agreements to Improve...
Monday, 28 July 2014

Sanctions Notice: Financial Sanctions: Libya

This news release is issued in respect of the asset freezing measures relating to Libya. Annex III to Council Regulation (EC) No 204/2011 has been amended with...
Friday, 25 July 2014

Sanctions Notice: Financial Sanctions: Syria

This news release is issued in respect of the restrictive measures directed against certain persons and entities in Syria. Annex II to Council Regulation (EC)...
Friday, 25 July 2014

Sanctions Notice: Financial Sanctions: Funds Received in the Isle of Man - Change of Practice

Where any funds are received in the Island which have come from, or via, a designated person or entity based outside the European Union, they must be frozen and...
Wednesday, 23 July 2014

Household Income and Expenditure Survey 2013 - On and off Island spending analysis

Following on from the publication of the Household Income and Expenditure Survey 2013 the Economic Affairs unit of the Cabinet Office has produced a breakdown...
Friday, 18 July 2014
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