Tax, VAT and Your Money News

This news release is issued to publicise the amendment of four entries on the UN sanctions list. On 13 August 2026 the United Nations Security Council updated...

This news release is issued to publicise the amendment of four entries on the UN sanctions list. On 14 August 2026 the United Nations Security Council updated...

Updated guidance published on the reduced rate of VAT for construction services The Customs and Excise Division has published updated guidance on when the...

The Isle of Man’s Customs and Excise Division has launched a new webpage providing guidance and information on the introduction of Vaping Products Duty, which...

This news release is issued to publicise the addition of nineteen entries on the UK sanctions list. On 6 August 2026 the Foreign, Commonwealth and Development...

This news release is issued to publicise the amendment of five entries on the UN sanctions list. On 31 July 2026 the United Nations Security Council updated...

From 29 July 2026, the Capital Goods Scheme (CGS) will be simplified. The CGS requires businesses to make adjustments to the VAT claimed on certain high-value...

This news release is issued to publicise the addition of one entry on the UN sanctions list. On 22 July 2026 the United Nations Security Council updated the UN...

This news release is issued to publicise the amendment of two entries and correction of one entry on the UK sanctions list. On 23 July 2026 the Foreign,...

The Treasury can confirm Isle of Man residents will benefit from a reduction in the VAT rate from 5% to 0% on domestic electricity supplies, announced today by...