Tax, VAT and Your Money News
Financial Sanctions: Democratic Republic of the Congo
This news release is issued to publicise the addition of 6 entries under the Democratic Republic of the Congo Regime.
The Democratic Republic of the Congo...
Wednesday, 21 February 2024
Budget 2024’s vision for a financially sustainable future
Sustainable finances and long-term stability were the key themes when Treasury Minister Dr Alex Allinson MHK unveiled his second Budget in Tynwald this morning...
Tuesday, 20 February 2024
Budget 2024 at a glance
Key rises in the following benefits:
Pensioners
Under the ‘triple lock’ uprating – the basic state retirement pension and Manx state pension increase by...
Tuesday, 20 February 2024
Spending equates to £16,343 per person
Total Government gross spending projected for 2024-25 equates to around £16,343 per head of the Island’s population.
This per person figure includes:
£4,863...
Tuesday, 20 February 2024
Speech: Treasury Minister’s Budget Speech 2024
Mr President
It is indeed an honour to be able to present to this Honourable Court the Budget today. I would like to thank all the Treasury staff who have...
Tuesday, 20 February 2024
New Tax Strategy will support aims of Our Island Plan
Tynwald Members will debate a proposed tax strategy aimed at supporting the objectives of Our Island Plan at the March sitting.
2024-26 Tax Strategy has been...
Tuesday, 20 February 2024
Financial Sanctions: Russia
This news release is issued to publicise the amendment of 1 entry under the Russian sanctions regime.
The Russia (Sanctions) (EU Exit) Regulations 2019 (S.I....
Monday, 12 February 2024
Public Notice: Financial Sanctions: Global Human Rights
This news release is issued to publicise the addition of 4 entries under the Global Human Rights Sanctions Regime.
The Global Human Rights Sanctions...
Monday, 12 February 2024
Financial Sanctions: ISIL (Da’esh) and Al-Qaida
This news release is issued to publicise the amendment of 85 entries under the ISIL (Da’esh) and Al-Qaida Sanctions Regime.
The ISIL (Da’esh) and Al-Qaida...
Thursday, 8 February 2024
VAT: Scope of temporary zero-rate of VAT for energy-saving materials is widened
The Treasury advises that the scope of the temporary zero-rate of value added tax for the supply and installation of energy-saving materials has been widened to...
Wednesday, 7 February 2024