Isle of Man Increases VAT Registration/Deregistration Thresholds
On 25 April 2017, the Isle of Man Tynwald (parliament) approved the Value Added Tax (Increase of Registration Limits) Order 2017, which increases the value added tax (VAT) registration and deregistration thresholds. With effect from 1 April 2017, the VAT registration threshold for taxable supplies of goods or services and intra-Community acquisitions is increased from GBP 83,000 in the previou…
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