The Isle of Man Government recently published a notice from Treasury on an increase in the VAT registration and deregistration thresholds to IMP 90,000 and IMP 88,000, respectively, from 1 April 2024, which is in line with the UK thresholds.
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VAT registration and deregistration thresholds to increase from 1 April 2024
The Treasury advises that the VAT registration and deregistration thresholds are to increase on 1 April 2024.
With effect from the 1 April 2024 the VAT registration th…