Isle of Man Updates VAT Guidance for Construction Services

The Isle of Man Treasury has announced the publication of updated guidance on the reduced rate of VAT for construction services.
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Updated guidance published on the reduced rate of VAT for construction services
The Customs and Excise Division has published updated guidance on when the reduced rate of VAT (5%) applies to qualifying construction services carried out on certain buildings in the Isle of Man.
Reduced Rate Notice - Construction Services in the Isle of Man.
The Notice pro…