Covid-19 Coronavirus

Tax, VAT and Your Money News

Financial Sanctions: ISIL (Da’esh) and Al-Qaida

This news release is issued in respect of the restrictive measures directed against the ISIL (Da’esh) and Al-Qaida organisations. Annex I to Regulation (EC) No...
Thursday, 23 July 2020

Sanctions Notice: Financial Sanctions: Global Human Rights Regime

This news release is issued to publicise a new global sanctions regime introduced to freeze the funds and economic resources of certain persons, entities or...
Wednesday, 22 July 2020

Budget Update 2020 at a glance

A £100m Economic Recovery Fund will be created to bolster businesses, promote innovation, create training and employment opportunities, and invest in the...
Tuesday, 21 July 2020

Speech: Treasury Minister Alfred Cannan MHK’s Budget Update Speech

Mr President  The collapse of Flybe on the 5th March this year rapidly brought home the growing impacts of the Coronavirus pandemic on our economy.  At that...
Tuesday, 21 July 2020

Budget Update 2020: £100m Economic Recovery Fund to enable Isle of Man’s fightback from coronavirus pandemic

Treasury Minister Alfred Cannan MHK today announced a £100m Economic Recovery Fund and unveiled measures to protect jobs, secure investment and enable growth...
Tuesday, 21 July 2020

VAT Retail Schemes

This news release is issued to draw attention to information released earlier today for catering businesses using retail schemes. Catering businesses using...
Tuesday, 21 July 2020

Value Added Tax: Reduced rate of 5%

Following on from announcements made by the Treasury on 8 and 9 July 2020, the temporary reduced rate of 5% for certain supplies made by the hospitality...
Wednesday, 15 July 2020

Sanctions Notice: Financial Sanctions: Libya

This news release is issued to publicise a correction issued by HM Treasury’s Office of Financial Sanctions Implementation in respect of 49 listings in the...
Tuesday, 14 July 2020

Sanctions Notice: Financial Sanctions: Syria

This news release is issued to publicise a correction for two listings in the Syria regime, which brings the UK’s Consolidated List into line with Annex II to...
Friday, 10 July 2020

Financial Sanctions: Democratic People’s Republic of Korea (North Korea)

This news release is issued to correct an entry listing for the Democratic People's Republic of Korea sanctions regime. Council Regulation (EU) 2017/1509 has...
Friday, 10 July 2020
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