Thursday, November 12, 2026
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Isle of Man welcomes Prime Minister’s letter 14 April 2009 THE Isle of Man Government has welcomed a letter from UK Prime Minister Gordon Brown recognising the Island’s compliance with international standards on taxation. The letter follows the Island’s inclusion on the OECD ‘white list’ - of countries complying with the global standard for tax co-operation and exchange of information – produced after the G20 summit in London. The Prime Minister welcomes the progress made by the Crown Dependencies and encourages them to ‘continue to set the pace’ in the tax transparency process. Speaking on behalf of Government, Minister David Cretney MHK commented: ‘The UK Prime Minister has acknowledged that the Isle of Man has taken a leading role in complying with international standards on taxation. ‘Mr Brown’s emphasis on the importance of international standards on tax is very much in line with the policy of the Isle of Man Government over the past decade. Compliance with global standards of tax transparency and financial regulation has been, and will continue to be, fundamental to our approach.’ More stories >>>
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Isle of Man signs Double Taxation Agreement with Luxembourg 18 April 2013
As part of the Isle of Man Government’s ongoing programme of signing Double Taxation Agreements (DTAs) and Tax Information Exchange Agreements (TIEAs), the Isle of Man has signed a comprehensive DTA with Luxembourg. [More] | Chief Minister welcomes Guernsey announcement on UK FATCA 15 March 2013
CHIEF Minister Allan Bell MHK has welcomed today’s announcement by the government of Guernsey that it intends to follow the Isle of Man in agreeing FATCA-style automatic exchange of tax information with the United Kingdom. [More] | Nicola Guffogg appointed as Assessor of Income Tax 8 March 2013
Nicola Guffogg will become the Isle of Man Government’s next Assessor of Income Tax when Malcolm Couch takes up his new role as Chief Financial Officer at the end of April. [More] | Nicola Guffogg appointed as Assessor of Income Tax 8 March 2013
Nicola Guffogg will become the Isle of Man Government’s next Assessor of Income Tax when Malcolm Couch takes up his new role as Chief Financial Officer at the end of April. [More] | Treasury Budget statement 19 February 2013
Summary44 (14%) of staff lost in four years Reduced the cost of Finance processing by 20% to date (£524,000) by the introduction of Finance Shared ServicesThrough improved use of office space vacated Heywood House and saved £80,000 a year rentThrough centralised procurement saved just under £900,000 across Government since April 2011Reduced the cost of the 2011 Census by £20,000 by compiling it over a longer period of time, and relying on less bought in resourceGave away the Customs Boat, Panther, realising operating savings of £10,000 per annumCentralisation and renegotiation of Insurance Premiums across Government (saving circa £100,000)Renegotiation of Professional Fees within Construction Schemes via Capital Projects Unit (saving circa £500,000)Improved Value for Money from Investment Management Fees (around £100,000 per annum)Planned further staff losses over three years, targeting 20 to achieve 20% of staff lost overallRelocation of staff within Income Tax from assessment to collection of TaxReduction of the Water and Sewerage Authority Grant of £1m per year over three years commencing 2013-14 [More] |
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