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Isle of Man Updates VAT Guidance for Construction Services

|Approved Changes|Isle Of Man
Isle Of Man

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…