Isle of Man Announces Decrease in Interest Rate for Indirect Taxes

The Isle of Man Department of Treasury has announced that effective 27 August 2025, interest rates for late payments and repayments related to VAT and other indirect taxes will be reduced to 6.50% and 3.00%, respectively.
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Decrease in interest rates for VAT and other indirect taxes
This news release is issued to draw attention to a decrease in interest rates from 27 August 2025.
The r…
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