Income Tax and National Insurance News

Following the approval of the Budget at February's sitting of Tynwald, a series of changes to National Insurance contributions will come into effect from 6...

The income tax personal allowance will remain at £14,500 for a resident individual and £29,000 for a jointly assessed couple For higher earners, the personal...

Corporate taxpayers are advised that the effective final deadline for submission of income tax returns for accounting periods ended 31 December 2021 is midnight...

Payments of any outstanding amounts for 2021/22 personal tax assessments and 2022/23 payment on account notices are due on 6 January 2023. There are several...

There is now just over one week to go until the 6 October 2022 deadline for the submission of personal income tax returns. Submitting online is already the...

More and more people are using Online Services for a range of reasons, including searching for jobs, paying rates and utility bills, and applying for...

A consultation process has opened today aiming to gather views on National Insurance. The exercise follows the publication of an independent report into the...

Over 1,000 Isle of Man companies and businesses have submitted their annual returns using a new online service introduced in November 2021 by the Isle of Man...

The 5 May 2022 deadline for submitting employer’s and contractor’s tax returns is now just over two weeks away. If the Income Tax Division has not received the...

The Isle of Man has today suspended all forms of tax co-operation with Russia in light of the exceptional and distressing events in Ukraine and following...