Category Archives: News Around

News around Isle of Man

Russia General Trade Licence – Amendment

General Trade Licence – Vessels – IOM/2022/GTL001
The Treasury has the power to issue General Licences for financial and trade sanctions regimes under a number of Regulations.
On 1 April 2022, the Treasury issued General Trade Licence IOM/2022/GTL001 u…

Tax return deadline approaching for employers and contractors

The 5 May 2022 deadline for submitting employer’s and contractor’s tax returns is now just over two weeks away.
If the Income Tax Division has not received the tax returns for the year ended 5 April 2022 by 5 May 2022, a £250 penalty will be charged. E…

Planning Application – Publication List

In accordance with the Orders and Regulations listed below, the most recent planning applications received and validated for publication are now available for viewing online including a link on which the site extents can be viewed via an online map.
A …

Food & Drink producers team up to the fly Manx produce flag in UK

Three local food and drink businesses will team up and fly the flag for Manx produce at one of the UK’s largest trade shows this month.
The three-day Farm Shop & Deli Show sees thousands of people attend the NEC in Birmingham to sample the finest f…

Glencrutchery pool reopened to disability groups

A specialist pool, which caters for people with disabilities on the Isle of Man, will reopen on 28 April after a project to update the facility was completed.
The hydrotherapy pool on Glencrutchery Road in Douglas is shallower than a normal swimming po…

Further detail on financial support payments being provided in response to rising living costs

The Isle of Man Government today announces further information on financial assistance being provided to support those on the lowest incomes as well as middle income families.
This follows the launch last month by Treasury Minister David Ashford MBE MH…

Financial Sanctions: Belarus

This news release is issued to publicise the amendment of 9 entries to the Belarus sanctions regime.
The Republic of Belarus (Sanctions) (EU Exit) Regulations 2019 (S.I. 2019/600) were made under the Sanctions and Anti-Money Laundering Act 2018 (the Sa…

Financial Sanctions: Russia

This news release is issued to publicise the addition of 206 entries to the Russian sanctions regime.
The Russia (Sanctions) (EU Exit) Regulations 2019 (S.I. 2019/855) were made under the Sanctions and Anti-Money Laundering Act 2018 (the Sanctions Act)…

Jersey aligned with Isle of Man’s corporate tax approach

Treasury Minister David Ashford MBE MHK today welcomed the publication of a policy paper by Jersey on the reforms to international tax rules currently being finalised by the OECD/G20 Inclusive Framework on Base Erosion and Profit Shifting (BEPS).
Minis…

Financial Sanctions: Russia General Licence

General licence – IOM/2022/RUS013
The Treasury has revoked General Licence IOM/2022/RUS013.
This is following the sale of the Russian Railway’ stake in GEFCO to non-designated persons, meaning GEFCO is no longer impacted by IOM sanctions.
Further detai…