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Government announce wage increase

On Tuesday 18th June 2019, Tynwald unanimously resolved to increase the Minimum Wage to the following rates, which will become effective on 1st October 2019. Current Minimum Wage Rates A workers hourly rate of pay must not be less than the appropriate rate of the Minimum Wage (which is subject to annual review).  The hourly ...
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Looking for a new challenge? CCW Trust are looking for an Assistant Trust and Company Administrator

CCW Trust are looking for an experienced Assistant Trust and Company Administrator CCW Trust Limited is looking for an assistant trust and company administrator to join its expanding team.     The candidate ideally should have:  A minimum of one year’s office experience, preferably with a fiduciary service provider  Be studying towards a relevant professional qualification ...
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Timeline for Common Reporting Standards

Timeline for Common Reporting Standards       1 January 2016 – Account opening procedures to be in place for new accounts to record the holders’ tax residence for ‘early adopter’ jurisdictions May to September 2016 – HMRC receives information from Crown Dependence and Overseas Territories (UK FATCA). 31 December 2016 – Procedures to be ...
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BUDGET 2017

The Chancellor Philip Hammond presented the last Spring Budget on Wednesday 8 March 2017. In his speech the Chancellor was keen to point out that he wanted the tax system to be fair, particularly in relation to the distinction between employed and self-employed individuals. ‘But a fair system will also ensure fairness between individuals, so ...
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