Tax, VAT and Your Money News

Financial Sanctions: Iran (Human Rights)

The news release is issued to publicise a correction to the identifying information in respect of the following entries who are still subject to an asset...
Friday, 17 April 2020

Sanctions Notice: Financial Sanctions: Iran (Human Rights)

This news release is issued in respect of the asset-freezing measures directed against certain persons responsible for serious human rights violations in...
Thursday, 9 April 2020

Sanctions Notice: European Union Sanctions: Yemen

The European Union (Yemen Sanctions) (Amendment) Order 2020 (“the 2020 Order”) and Yemen Sanctions (Amendment) Regulations 2020 (“the Regulations”) came into...
Thursday, 9 April 2020

Speech: Statement by the Treasury Minister on COVID-19 support measures - 6 April 2020

Good afternoon Over the last three weeks I have told you what direct and indirect financial measures have been put in place to help you through this...
Tuesday, 7 April 2020

Sanctions Notice: Financial Sanctions: ISIL (Da’esh) and Al-Qaida (1)

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...
Monday, 6 April 2020

Coronavirus (COVID-19) – important notice to all taxpayers

In the forthcoming weeks there are a number of statutory deadlines approaching for the submission of tax returns whilst the issue of tax returns to all...
Tuesday, 31 March 2020

FERSA agreement with UK signed by Treasury Minister

Treasury Minister Alfred Cannan MHK this week signed the Final Expenditure Revenue Sharing Arrangement (FERSA) with the United Kingdom Government. The FERSA...
Friday, 27 March 2020

Alcohol Duty – Wine and made-wine, post duty point dilution

Legislation is being introduced which provides for penalty and forfeiture provisions for anyone diluting wine and made-wine after the excise duty point has...
Wednesday, 25 March 2020

Closure of Income Tax Division’s public counter

The Income Tax Division’s public counter on the second floor of Government Office has been closed until further notice. The team is committed to protecting the...
Wednesday, 25 March 2020

Sanctions Notice: Financial Sanctions: Egypt

This news release is issued in respect of the restrictive measures directed against certain persons and entities in relation to Egypt. Following the...
Tuesday, 24 March 2020