The Isle of Man Government published a public notice from the Treasury on 23 September 2022 regarding upcoming changes in the reduced VAT rate for certain construction services, including changes to clarify and in certain cases limit the application of the 5% reduced rate for construction services from 1 January 2023.
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Changes to VAT reduced rate on construction services
Friday, 23 September 2022
Legislation relating to the reduced rate of 5% VAT for construction services on certain…