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    Isle of Man

    Isle of Man Gazettes Value Added Tax (Repayment Interest) Order 2025

    Bloomberg Tax ยท about 1 month ago

    The Isle of Man Gazette published the VAT (Repayment Interest) Order 2025, amending the VAT Act 1996. The order clarifies that no repayment interest will be charged on VAT refunds issued within 30 days from the later of the return filing, claim submission, or assessment notification. The order took effect on 6 November 2025.