Tax, VAT and Your Money News

Sanctions Notice: Financial Sanctions: Tunisia

This news release is issued in respect of the financial measures taken against certain persons and entities associated with the Tunisian regime. Annex I to...
Tuesday, 31 January 2017

Psychoactive Substances Act 2016 – Amended Definition of “School Premises"

On 1 February 2017 the Psychoactive Substances Act 2016 (Application) (Amendment) Order 2017 comes into operation.  It amends the 2016 order that applied in...
Friday, 27 January 2017

Enhanced Tax Requirements for Accounting Records - Consultation Response Issued

Treasury has today issued a response document following its consultation on enhanced tax requirements for accounting records, and it would like to thank all...
Friday, 6 January 2017

Tax agreement with the Turks and Caicos Islands enters into force

The Isle of Man Government’s Agreement for the Exchange of Information relating to Tax Matters with the Government of the Turks and Caicos Islands enters into...
Wednesday, 14 December 2016

Sanctions Notice: Financial Sanctions: Democratic Republic of the Congo

This news release is issued to publicise changes to EU sanctions measures in relation to the Democratic Republic of the Congo. On 12 December 2016 Council...
Wednesday, 14 December 2016

Important information - deadline for corporate income tax returns for accounting periods ended 31 December 2015

Corporate taxpayers are advised that the effective final deadline for submission of income tax returns for accounting periods ended 31 December 2015 is midnight...
Monday, 12 December 2016

Have you paid your tax bill?

Payment of any outstanding amounts for 2015/16 personal tax assessments and 2016/17 payment on account notices are due on 6 January 2017 - less than a month...
Monday, 12 December 2016

Consultation on Beneficial Ownership Bill

Treasury has today launched a consultation on draft legislation for the introduction in the Isle of Man of a central database of the beneficial ownership of...
Friday, 4 November 2016

Leading advocate appointed as Director of Financial Intelligence Unit

A leading Isle of Man advocate has been appointed as Director of the Isle of Man’s Financial Intelligence Unit (FIU). Lindsey Bermingham brings extensive...
Wednesday, 2 November 2016

Sale of Pinewood Group plc shares

The Isle of Man Government Treasury wishes to announce that the sale of the remaining holding in Pinewood Group plc has been completed and the final proceeds...
Friday, 28 October 2016