Category Archives: News Around

News around Isle of Man

Value Added Tax: Guidance on the temporary reduced rate of VAT for hospitality, holiday accommodation and attractions

Further information on the temporary reduced rate of 5% VAT for the hospitality industry, holiday accommodation and on admission charges to attractions announced yesterday has now been released.
A reduced rate of 5% for holiday accommodation already ex…

The end of the VAT deferral period

This news release is issued to draw attention to the end of the VAT deferral period.
VAT payments could only be automatically deferred if they were:

quarterly and monthly VAT return payments for the periods ending in FEBRUARY 2020, MARCH 2020 and APRI…

VAT reduction on food and attractions to stimulate business

In order to stimulate business in the hospitality sector, the Isle of Man’s VAT rate on food and attractions will be reduced to 5% from Wednesday 15 July to Tuesday 12 January.
Further details on what the VAT reduction will apply to will be issued shor…

No active cases of coronavirus – 4pm 8 June 2020

Since the last update (4pm Tuesday 07 July) there have been no further confirmed positive tests for coronavirus.
This means the Isle of Man has no active cases and the total number of confirmed cases remains 336.
There have been 6,849 concluded tests a…

Improvements to the Nunnery footpath will provide a safe and enjoyable route for walking and cycling

Work is now completed on improving the Nunnery footpath. Improvements include removal of obstructions, such as undergrowth and debris, resurfacing and drainage to provide an even surface and prevent build-up of standing water and the widening of some s…

Teaching Union to ballot for strike action

A teaching union has written to the Isle of Man Government over plans to ballot its members for strike action later this month.The Isle of Man Government received the letter from the National Association of Schoolmasters Union of Women Teachers (NASUWT…

No active cases of coronavirus – 4pm 7 July 2020

Since the last update (4pm Friday 03 July) there have been no further confirmed positive tests for coronavirus.
This means the Isle of Man has no active cases and the total number of confirmed cases remains 336.
There have been 6,805 concluded tests, 2…

Financial Sanctions: Terrorism and Terrorist Financing

The Office of Financial Sanctions Implementation (OFSI), part of HM Treasury, has renewed the final designations of five individuals with effect from 6 July 2020.
Renewal of Final Designation
Individuals
Date of Final Designation 6 July 2020
Individual…

Financial Sanctions: Global Human Rights

The United Kingdom has introduced a new financial sanctions regime, which came into force on 6 July, imposing sanctions to deter those who are, or have been, involved in human rights’ violations.  The Global Human Rights Sanctions Regulations 2020 are …

Public encouraged to take part in cyber security survey

The public are being encouraged to take part in a survey to measure awareness of cyber security in the Isle of Man.
The survey, which launches today (7 July 2020), is part of the Isle of Man’s National Cyber Security Strategy which aims to protect the …