Tax, VAT and Your Money News

The Income Tax Division is offering guidance to residents who may be worried about increased scrutiny of their income from off-Island as a result of new global...

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...

The Export Control (Yemen Sanctions) Regulations 2015 (Application) Order 2015 has been made and has come into operation with effect from 27 August 2015. This...

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...

Libya and Iran On 18 August 2015, two new Orders applied in Island law two Council Regulations that made amendments to the sanctions regimes in respect of...

The Treasury has launched a public consultation on a proposal to stop workers being exempted from making National Insurance contributions once they reach state...

The initiative to centralise Government's procurement of goods and services, and to put more contracts out to competitive tender, has so far saved the taxpayer...

The Cabinet Office has launched separate consultations on two new Bills designed to reinforce the Isle of Man’s defences against financial crime, including...

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

Under the Isle of Man’s anti-terrorism and sanctions legislation it is illegal to make payments to terrorists and terrorist organisations or for the purposes of...