Tax, VAT and Your Money News

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

VAT and duty accounts published ahead of May Tynwald

Detailed VAT and collected duty accounts have been published prior to being laid before the May sitting of Tynwald. Isle of Man Customs and Excise (IoMCE) are...
Thursday, 4 May 2023

Sanctions Notice: Import Notice: Russia

This news release is issued to publicise Notice to Importers NTI 2953: Russia import sanctions. On 30 March 2022 the UK Import Controls Policy and Licensing...
Wednesday, 3 May 2023