Tax, VAT and Your Money News

The Income Tax Division of Treasury has recently been made aware that local residents have received emails purporting to be from the Division in relation to tax...

Reducing the use of agency nurses and moving services online are just some of the ideas being looked at by the Isle of Man Government as part of its Securing...

The Island has a buoyant economy, despite a slight drop in national income for 2015/16. The national income report for the year, published today, shows that...

This news release is issued in respect of the financial sanctions measures relating to Libya. Annex V to Regulation (EU) No 2016/44 has been amended with...

The Treasury Minister, Alfred Cannan MHK, has announced a delay of 12 months in the abolition of Class 2 self-employed National Insurance contributions,...

The Isle of Man and Austria are the first countries to ratify a new international treaty against tax avoidance by multinational companies. The Isle of Man...

This news release is issued in respect of the financial sanctions measures relating to Libya. Annex V to Regulation (EU) No 2016/44 has been amended with...

The Isle of Man Government has invited HM Treasury to conduct an assessment of the practice for the importation of business jets into the EU through the Isle of...

Treasury legislation that will significantly speed up the time taken to process cheques is set to come into effect on Monday 30 October 2017 to coincide with...

Banks in the Isle of Man will continue to accept United Kingdom round pound coins after they cease to be legal tender at midnight on 15 October 2017. Treasury...