Government Offices
Buck's Road, Douglas
Isle of Man IM1 3TX
Enquiries:
+44 (0) 1624 685400

Tax Rates for Companies

Rates

Income tax rates	01/02	02/03	03/04	04/05	05/06	06/07	07/08	08/09	09/10	10/11
Lower rate for resident trading companies	12%	10%	10%	10%	10%	n/a	n/a	n/a	n/a	n/a
Standard rate for resident trading companies	18%	15%	15%	15%	15%	n/a	n/a	n/a	n/a	n/a
Higher rate resident companies on all other income	18%	18%	18%	18%	18%	n/a	n/a	n/a	n/a	n/a
Lower rate for non-resident companies trading income	18%	18%	18%	10%	10%	n/a	n/a	n/a	n/a	n/a
Higher rate for non-resident companies on all other income.	18%	18%	18%	18%	18%	n/a	n/a	n/a	n/a	n/a
Standard rate for all resident and non-resident companies	-	-	-	-	-	0%	0%	0%	0%	0%
Banking business income	-	-	-	-	-	10%	10%	10%	10%	10%
Land and property income from Isle of Man sources	-	-	-	-	-	10%	10%	10%	10%	10%

Year	Limit	Lower rate	Higher rate
10/11	n/a	n/a	n/a
09/10	n/a	n/a	n/a
08/09	n/a	n/a	n/a
07/08	n/a	n/a	n/a
06/07	n/a	n/a	n/a
05/06	£100 m	10%	15%
04/05	£100 m	10%	15%
03/04	£100 m	10%	15%
02/03	£500,000	10%	15%
01/02	£500,000	12%	18%