Tax, VAT and Your Money News

Sanctions Notice: Financial Sanctions - Ukraine

This news release is issued in respect of measures taken against certain persons, entities and bodies in view of the situation in Ukraine. On 15 June 2018 a...
Friday, 15 June 2018

Financial Sanctions: Terrorism and Terrorist Financing

On 24 April 2018, HM Treasury renewed the final designations in respect of the following individual: RENEWAL OF FINAL DESIGNATION [Additional information is...
Monday, 30 April 2018

Burma/Myanmar Sanctions

This news release is issued to raise awareness of changes to EU sanctions measures in relation to Burma/Myanmar. However, no action is currently required. On...
Monday, 30 April 2018

Tax return deadline nears for employers and contractors

Contractors and employers are being reminded to submit their tax returns ahead of the 5 May 2018 deadline, which is now only two weeks away. If the Income Tax...
Thursday, 19 April 2018

Households encouraged to take part in survey

Letters are being sent to households inviting people to take part in a survey that will help to shape the Island’s future finances and inform the development of...
Thursday, 19 April 2018

Sanctions Notice: Financial Sanctions: Sudan

This news release is issued in respect of the restrictive measures directed against Sudan. Annex I to Council Regulation (EU) No 747/2014 has been amended with...
Thursday, 29 March 2018

Value Added Tax Act 1996 (Fulfilment Businesses) Order 2018

The Treasury advises that the above Order has been made and comes into operation as follows – (a)  article 3(1) and article 3(2) for the purpose of conferring...
Wednesday, 28 March 2018

Tynwald gives go-ahead to new Manx State Pension

Tynwald has approved legislation that provides for the introduction of the new single-tier Manx state pension in April 2019. The new Manx state pension will...
Wednesday, 21 March 2018

Sanctions Notice: European Union (Belarus Sanctions)(Amendment) Order 2018

On the 16 March 2018, the European Union (Belarus Sanctions)(Amendment) Order 2018 came into operation. This Order applied Council Regulation (EU) 2018/275, as...
Tuesday, 20 March 2018

Sanctions Notice: European Union Sanctions – North Korea

On 8 March 2018, the European Union (North Korea Sanctions) (Amendment) Order 2018 [SD 2018/0095] came into operation, applying in Island law Council Regulation...
Tuesday, 13 March 2018