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Isle of Man Notes Extension of Temporary Reduced VAT Rate for COVID-19

10 March 2021

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Approved Changes

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Isle Of Man-United Kingdom

The Isle of Man Treasury has issued a notice announcing the extension of the temporary reduced VAT rate introduced in response to COVID-19 until 30 September 2021 in line with the extension announced as part of the UK Budget 2021. --- Coronavirus (COVID-19) – Extension of 5% VAT rate In line with the UK budget announcement today the temporary reduced rate of 5% VAT on hospitality services and admissions to certain attractions, which was due to end on 31 March, will remain in place until 30 September 2021. From 1 October 2021 the VAT rate on those services will increase...