Tax, VAT and Your Money News
Consultation on enhanced tax requirements for accounting records
A consultation has been launched on the updating of the Island’s income tax legislation on the making and keeping of accounting records to meet international...
Tuesday, 12 July 2016
Sanctions Notice: 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 Council Regulation...
Monday, 27 June 2016
Sanctions Notice: Financial Sanctions: Terrorism and Terrorist Financing
The Terrorism and Other Crime (Financial Restrictions) Act 2014 (“the Act”) implements the terrorist asset-freezing requirements of UN Security Council...
Monday, 27 June 2016
Tax net closes in on over £4 million of undeclared income
Treasury Minister Eddie Teare MHK has warned that time is running out for Isle of Man taxpayers who have failed to declare income totalling more than £4...
Friday, 24 June 2016
FATCA AND IGA REPORTING DEADLINES NEAR
The 30 June deadline for Isle of Man Reporting Financial Institutions to submit their 2015 US FATCA reports to the Income Tax Division is now only two weeks...
Wednesday, 15 June 2016
Proposals for reform of public sector pensions
Tynwald endorsement for further reform of the Island’s public sector pension schemes will be sought in a motion to the June sitting from the vice chair of the...
Thursday, 9 June 2016
Sanctions Notice: Financial Sanctions: North Korea
This news release is issued in respect of the restrictive measures directed against the Democratic People's Republic of Korea.
Annex V to Council Regulation...
Monday, 23 May 2016
Sanctions Notice: European Union Sanctions – Al-Qaida, North Korea and Central African Republic
This news release advises of the updating of EU Sanctions re Al-Qaida, North Korea and the Central African Republic
Wednesday, 18 May 2016
Public meeting on public sector pensions
Members of the public interested in the future of public sector pensions are invited to an open meeting next Monday (23 May, 2016).
Starting at 7.30pm in the...
Tuesday, 17 May 2016
Tax Agreement with Botswana comes into force
The Isle of Man Government’s Agreement for the Exchange of Information Relating to Tax Matters with the Government of the Republic of Botswana entered into...
Thursday, 12 May 2016