The Isle of Man Treasury has issued a release on changes in the disclosure of avoidance schemes for VAT and other indirect taxes with effect from 1 November 2021. As part of the release, reference is made to UK HMRC VAT Notice 799, which explains the changes as already introduced in the UK from 2018.

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Disclosure of Avoidance Schemes for VAT and other indirect taxes

Monday, 11 October 20…