Isle of Man Government - Excise Duty: minor legislative amendments to Warehouse Regulations

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Isle of Man Government - Excise Duty: minor legislative amendments to Warehouse Regulations

The Treasury advises that minor legislative amendments concerning excise goods, warehouse duties and warehousekeeper regulations have come into operation to primarily allow for the simplification of storing goods in excise warehouses. The main amendments are to the Warehousekeepers and Owners of Warehoused Goods Regulations 1999 ('WOWGR') which come into operation on 3 March 2025. The WOWGR is a regulatory tool to identify and register owners of…