| Department of the Treasury | |
|---|---|
| Department overview | |
| Formed | 1986 |
| Preceding Department | Finance Board |
| Jurisdiction | Isle of Man |
| Headquarters | Government Office, Buck's Road, Douglas, Isle of Man |
| Employees | 339 |
| Annual budget | GBP 18.9m for 2011-2012 |
| Minister responsible | Eddie Teare MHK., Treasury Minister |
| Department executive | Mark Shimmin, Chief Financial Officer |
| Website | |
| www.gov.im/treasury | |
| Isle of Man |
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The Treasury (LSE: 41OY); (LSE: 57QI); (Manx: Yn Tashtey) of the Isle of Man is the finance department of the Isle of Man Government. It prepares the annual budget for the Government,[1] and also handles taxation, customs and excise, economic affairs, information systems, internal audit, currency and the census in the Isle of Man.
The Minister for the Treasury is Eddie Teare MHK.
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The Finance Board was established in 1962, although the Lieutenant Governor of the Isle of Man functioned as Chancellor of the Exchequer and gave the budget speech in Tynwald until the 1970s.
In 1986 the Finance Board was abolished and its functions transferred to the Treasury as part of the reorganisation of the Isle of Man Government on a ministerial basis.