Stay up to date with the latest news
Browne Craine to sponsor award category at Awards for Excellence 2017
We are really excited to share with you that we are one of the new sponsors for the Isle of Man "Awards for Excellence".
Browne Craine Accountancy Clinic
Browne Craine has set up a small business accountancy clinic to help budding entrepreneurs with their accounting needs, so whether it’s a start up business or the business is already established, we’re here to help. Either pop into our office on Peel Road any Thursday afternoon (2.30pm – 5.00pm) or call us to arrange an appointment for a free 30 minute consultation to discuss how we can help.
New Requirements for Accounting Records and Updated Guidance on the Taxation of Distributions from Corporate Taxpayers - Update from the IOM Government
On 20 January 2017 new income tax regulations came into operation in the Isle of Man regarding the making and keeping of accounting records. The new regulations (SD 2016/0343) strengthen the Island’s income tax legislation regarding the making and keeping of accounting records and introduce the international standard for the record retention period.
Basil Bielich to attend TIAG Paris Conference
Browne Craine & Co (“Browne Craine”) director Basil Bielich will be heading to Paris to attend the International Accounting Group’s (“TIAG”) annual spring conference in May. Taking place between the 3rd and 5th of the month, the conference is expected to attract more than 200 delegates from around the world.
Browne Craine staff come together for Isle of Man Relay for Life
Browne Craine staff have come together in a bid to raise money as a team in aid of Cancer Research’s Isle of Man Relay for Life. The event which is being held on 26th and 27th August at the National Sports Centre sees teams from all over the Island take part.
Isle of Man Commonwealth Games Association - Help Team Isle of Man Tee off to Australia
The Isle of Man Commonwealth Games Association (“IOMCGA”) is pleased to announce the date of its annual fundraising Corporate Golf Day, Friday 26th May. Kindly sponsored by Standard Bank, in association with the Isle of Man Business Network and organised by Browne Craine & Co, the Golf Day will be held at Ramsey Golf Club to raise funds to help send a national Isle of Man team to the 2018 Games on the Gold Coast, Australia.
London Tax Expert gives presentation at Browne Craine
Browne Craine & Co (“Browne Craine”) welcomed guests to Burleigh Manor on Tuesday 28th March to a presentation about changes in UK Tax Legislation and the potential impact for those in the Isle of Man. The presentation was given by Liz Cuthbertson, a senior tax partner from Mercer & Hole Accountants in London.
Budget comment - James Sayle
This year the people of the Isle of Man were presented the Budget by new Treasury Minister, Alfred Cannan MHK. 2017 will hopefully provide some benefit for local residents in times of financial constraints on the Government.
Lynsey Smith is awarded RI status by ICAEW
Browne Craine & Co (“Browne Craine”) is delighted to announce that director Lynsey Smith has been awarded a Responsible Individual (“RI”) status from the Institute of Chartered Accountants of England and Wales (“ICAEW”).
Incorporation vs Sole Trader
Incorporating a company on the Isle of Man is relatively straightforward and can be done a few ways. There are two different “Companies Acts” in the Isle of Man: 2006 Act and 1931 Act, and an LLC Act under which companies can be incorporated.