The Island’s set to see a decrease in interest rates for VAT and other indirect government taxes.
As the Bank of England lowers its base rate to 4.25%, the Island’s Treasury will adjust late payment interest to 6.5% and repayment interest to 3%.
It’s because the government here has an agreement to keep such taxes aligned with those in the UK.
The new rates will come into effect on Wednesday, August 27.
You can find more information here.
Manx businesses now able to sell on Etsy for the first time
Manx businesses will now be able to sell their goods globally on Etsy.
Only a tiny minority of Douglas homes in disrepair, according to council's figure
Just 0.26 per cent of Douglas homes are listed as being in 'disrepair'.
Firefighter aims to do thousands of burpees for charity in memory of 9/11
A firefighter's aiming to do almost 3,000 burpees to raise money in memory of those who lost their lives on 9/11.
Joe Locke not ruling out Heartstopper return
Manx actor Joe Locke says to "Never say never" when it comes to the return of hit series Heartstopper.
Arctic Circle expedition hopes to raise £200,000 for Island charities
A team of 12 adventurers are taking on an arctic expedition in a bid to raise £200,000 for the Children’s Centre and Rebecca House hospice.
Rugby club's plans for new facility approved
Southern Nomads Rugby Club have received planning approval for their new clubhouse.
Sharp turn at sea leaves passengers with 'minor injuries'
A small number of passengers suffered 'minor injuries' on the Manxman this morning, Monday, August 11.
Teaching Union NAHT announces 'industrial action'
Some Head teachers and deputy head teachers across the Island will take industrial action this September.
