Tax, VAT and Your Money News
FATCA reporting deadline near
The 30 June 2015 deadline for Isle of Man Reporting Financial Institutions to submit their first US FATCA reports to the Income Tax Division is now less than...
Tuesday, 16 June 2015
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.
Annex I to Council...
Tuesday, 9 June 2015
Sanctions Notice: European Union Sanctions: Libya and Syria
On 5 June 2015, the following Orders were made and came into operation.
The European Union (Libya Sanctions)(Application)(Amendment)(No.2) Order [SD 2015/0215]...
Monday, 8 June 2015
Sanctions Notice: Declarations of Cash Entering or Leaving the Island
With effect from 1 June 2015 the following items may be regarded as “cash” for the purposes of the requirement in Part VA of the Customs and Excise Management...
Monday, 1 June 2015
Sanctions Notice: European Union Sanctions – Central African Republic and South Sudan
On 29 May 2015, two new Orders applied in the Island recent EU Council Regulations which amended the sanctions regimes relating to the Central African Republic...
Monday, 1 June 2015
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...
Thursday, 21 May 2015
Income Tax apologises for e-mail error
The Income Tax Division of Treasury has apologised for an operational error which resulted in groups of its customers being able to see each other’s e-mail...
Thursday, 21 May 2015
Consultation supports change in the calculation and collection of rates
Treasury has published a report summarising responses to its consultation on the Reform of Domestic Rates.
The consultation created considerable public...
Thursday, 21 May 2015
Capital programme well managed says Minister
Government's capital projects programme is well managed and only one scheme has gone over budget over the past four years, Treasury Minister Eddie Teare MHK...
Thursday, 21 May 2015
Sanctions Notice: United Nations and European Union Sanctions: Sudan and South Sudan
Sudan and South Sudan
The Treasury advises that the European Union has adopted a new Council Regulation (EU) No 2015/735 that repeals and replaces previous...
Friday, 15 May 2015