The Isle of Man Government has announced that a new IT system is being introduced later this year to improve how the island administers VAT, customs and excise duties, gambling duty, and air passenger duty. The Isle of Man Treasury has announced the implementation of improvement for managing indirect tax affairs through a new IT system from October 2022.
Sources:
Latest Posts in "United Kingdom"
- UK Eases VAT Grouping Rules to Attract Foreign Investment and Simplify Cross-Border Compliance
- Tribunal Rules Bespoke Autobiography Books by Story Terrace Qualify for VAT Zero-Rating
- Full VAT Recovery Allowed on Product Photography Costs in Littlewoods v HMRC Tribunal Decision
- FTT Favors Commercial Reality Over Contract in VAT Reclaim Case on Truck Fuel and Repairs
- HMRC Updates VAT Exemption for Temporary Medical Staff After Isle of Wight Tribunal Decision
