Covid-19 Coronavirus

Tax, VAT and Your Money News

Notice to VAT registered traders(1)

The Isle of Man Government is allowing businesses to defer the making of VAT payments to help support businesses with their cash flow during the Coronavirus...
Friday, 5 June 2020

Value Added Tax: Domestic reverse charge VAT for construction services - delay in implementation

This news release is issued to raise awareness of a delay to the introduction of the VAT domestic reverse charge for construction services due to the impact of...
Friday, 5 June 2020

Sanctions Notice: Financial Sanctions: Syria

This news release is issued in respect of the restrictive measures directed against certain persons and entities in view of the situation in Syria. Annex II to...
Tuesday, 2 June 2020

Sanctions Notice: Financial Sanctions: Central African Republic

This news release is issued in respect of the financial sanctions in place against the Central African Republic. Annex I to Council Regulation (EU) No 224/2014...
Tuesday, 2 June 2020

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

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...
Wednesday, 27 May 2020

Tax return extended deadline approaches

Extensions to various tax return deadlines were announced by the Isle of Man Government on 31 March 2020 in light of the pressures the coronavirus pandemic has...
Tuesday, 26 May 2020

UK Global Customs Tariff

This news release is issued to draw attention to the publication of the UK’s new Global Tariff (UKGT). This will replace the EU’s Common External Tariff on 1...
Tuesday, 19 May 2020

Sanctions Notice: Financial Sanctions: Coronavirus-related humanitarian aid

This news release is to publicise a guidance note issued by the European Commission on how coronavirus-related humanitarian aid can be sent to countries and...
Tuesday, 12 May 2020

Sanctions Notice: Financial Sanctions: Nicaragua

This news release is issued in view of the situation in Nicaragua and targets individuals responsible for serious human rights violations. Annex I to Council...
Tuesday, 5 May 2020

Deadline extended for submission of personal income tax returns

Following the postponement of the issue of paper tax returns to individual tax payers for the year ended 5 April 2020 last month, the Income Tax Division has...
Monday, 4 May 2020
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