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Tax, VAT and Your Money News

Crown Dependencies agree joint approach to global minimum tax rules

Treasury Minister Dr Alex Allinson MHK met colleagues from the other Crown Dependencies this week and agreed a joint approach to the OECD’s Pillar Two model...
Friday, 19 May 2023

Sanctions Guidance: Russia

The Treasury advises that the Russia Sanctions guidance has been amended following changes to the statutory documents relating to Russia financial and trade...
Friday, 19 May 2023

Financial Sanctions: Russia

This news release is issued to publicise the addition of 86 entries and removal of 3 entries to the Russian sanctions regime. The Russia (Sanctions) (EU Exit)...
Friday, 19 May 2023

Sanctions Notice: Financial Sanctions: Global Anti-Corruption

This news release is issued to publicise the correction of 1 entry under the Global Anti-Corruption Sanctions Regime. The Global Anti-Corruption Sanctions...
Tuesday, 16 May 2023

Sanctions Notice: Financial Sanctions: Russia

This news release is issued to publicise the amendment of 1 entry to the Russian sanctions regime. The Russia (Sanctions) (EU Exit) Regulations 2019 (S.I....
Tuesday, 16 May 2023

Sanctions Notice: Financial Sanctions: Syria

This news release is issued to publicise the amendment of 1 entry in the Syria sanctions regime. The Syria (Sanctions) (EU Exit) Regulations 2019 (S.I....
Tuesday, 16 May 2023

Sanctions Notice: Financial Sanctions: Russia General Licence

General licence - IOM/2022/RUS041  The Treasury has the power to issue General Licences for financial and trade sanctions regimes under a number of...
Tuesday, 16 May 2023

Interest rates for VAT and other indirect taxes

This news release is issued to draw attention to an increase in interest rates from 31 May 2023. The rules relating to interest charges for late payment are...
Friday, 12 May 2023

Consultation launched into ending the use of low value coins

Feedback is being sought on whether low value coins should be removed from circulation and how this could lead to the introduction of a rounding system for all...
Wednesday, 10 May 2023

Sanctions Notice: Financial Sanctions: Myanmar

This news release is issued to publicise the amendment of 1 entry under the Myanmar Sanctions Regime. The Myanmar (Sanctions) Regulations 2021 (S.I. 2021/496)...
Wednesday, 10 May 2023
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