Tax, VAT and Your Money News

Government income and expenditure

Government's revenue budget has been balanced and a small surplus of £0.3m is forecast for 2016-17.
Tuesday, 16 February 2016

Consultation Response Documents Issued

Treasury has today issued response documents to the following consultations: Proposed changes to Individual Taxation (consultation period 14 August – 9...
Tuesday, 16 February 2016

Sanctions Notice: Financial Sanctions: Terrorism and Terrorist Financing

The Terrorism and Other Crime (Financial Restrictions) Act 2014 implements the terrorist asset-freezing requirements of UN Security Council Resolution 1373...
Tuesday, 9 February 2016

Sanctions Notice: Financial Sanctions: Iran (Nuclear Proliferation)

This news release is issued to publicise the annulment of four entries on the sanctions list as a result of judgements issued by the General Court of the...
Monday, 8 February 2016

Sanctions Notice: Financial Sanctions: Terrorism and Terrorist Financing

The Terrorism and Other Crime (Financial Restrictions) Act 2014 implements the terrorist asset-freezing requirements of UN Security Council Resolution 1373...
Friday, 5 February 2016

Isle of Man and Switzerland sign Joint Declaration

The Isle of Man has signed a joint declaration with Switzerland addressing the introduction, on a reciprocal basis, of the automatic exchange of financial...
Friday, 29 January 2016

Sanctions Notice: Terrorism and Other Crime (Financial Restrictions) Act 2014 – Revocation of Final Designation

On 26 January 2016, the final designation of the person below was revoked by HM Treasury. Consequently, he is not a designated person for the purpose of the...
Wednesday, 27 January 2016

Sanctions Notice: Financial Sanctions: Iran (Nuclear Proliferation)

This news release is issued in respect of the restrictive measures directed by the Council of the European Union against Iran. Following the publication of...
Monday, 25 January 2016

Sanctions Notice: Financial Sanctions: Al-Qaida

This news release is issued in respect of the restrictive measures directed against certain persons and entities associated with the Al-Qaida network. Annex I...
Wednesday, 20 January 2016

Sanctions Notice: European Union Sanctions

Following the issue of the news release of 18 January regarding the lifting of some of the sanctions measures in force in respect of Iran, the Treasury wishes...
Tuesday, 19 January 2016