Tax, VAT and Your Money News
Qualifying Recognised Overseas Pension Schemes
The UK Government announced changes to the Qualifying Recognised Overseas Pension Scheme (QROPS) regime on 21 March 2012. On 5 April 2012 the QROPS list...
Friday, 13 April 2012
Corporate Distributions
On 24 February 2012, Treasury Minister Eddie Teare, MHK, made clear that the Isle of Man Government has no intention of introducing a capital gains tax...
Wednesday, 4 April 2012
Company Residence for Income Tax Purposes
A company resident in the Isle of Man for income tax purposes is taxable on its worldwide income. However, a company can be resident in more than one country...
Tuesday, 3 April 2012
PN 175 Compulsory Use of Online Tax Services for Employers
In his 2012 Budget, the Treasury Minister confirmed that following consultation in 2010, the compulsory use of Online Tax Services for employers will be...
Thursday, 29 March 2012
Sanctions Notice: Financial Sanctions: Al-Qaida
This news release is issued in respect of the restrictive measures directed against certain persons and entities associated with the Al-Qaida network.
The...
Monday, 26 March 2012
Sanctions Notice: Financial Sanctions: The Terrorist Asset-Freezing Etc. Act 2010 - Renewal of Final Designation, and Expiry of Final Designation
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...
Friday, 16 March 2012
Sanctions Notice: Financial Sanctions: Terrorist Financing
This news release is issued in respect of the restrictive measures directed against certain persons and entities with a view to combating terrorism.
The...
Thursday, 15 March 2012
Sanctions Notice: Financial Sanctions: Al-Qaida
This news release is issued in respect of the restrictive measures directed against certain persons and entities associated with the Al-Qaida network.
The...
Thursday, 15 March 2012
Sanctions Notice: The Terrorist Asset-Freezing Etc. Act 2010 - Renewal of Final Designation
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...
Friday, 9 March 2012
Tax Agreements with Bahrain and Mexico come into force
The Isle of Man’s Double Taxation Agreement (DTA) with Bahrain enters into force today (8 March 2012) and the Island’s Tax Information Exchange Agreement (TIEA)...
Thursday, 8 March 2012
