Isle of Man Finance

Direct taxation: income tax is the only direct tax and applies to the income of individuals and company profits.

The Isle of Man operates a policy of low taxes with a standard rate of tax on individuals of 10%, a higher rate of 18% and generous personal allowances while companies are subject to a zero rate, 10% or 18% depending on circumstances.

There is no capital gains tax, wealth tax, stamp duty, death duty or inheritance tax.