Income Tax and National Insurance News

The Island has a buoyant economy, despite a slight drop in national income for 2015/16. The national income report for the year, published today, shows that...

The Treasury Minister, Alfred Cannan MHK, has announced a delay of 12 months in the abolition of Class 2 self-employed National Insurance contributions,...

The Isle of Man and Austria are the first countries to ratify a new international treaty against tax avoidance by multinational companies. The Isle of Man...

The Isle of Man’s Agreement for the Exchange of Information Relating to Tax Matters with the Government of the Republic of Turkey enters into force on 7 October...

With just one week to go until the October 6 deadline for the submission of personal income tax returns, Treasury has announced extra assistance to help people...

The number of taxpayers discovering the benefits of submitting their personal income tax returns online continues to grow.  With less than one month to go...

The Treasury has today launched a consultation proposing the introduction of a new pension scheme that would provide its members with greater pension...

The number of people submitting their personal tax return online continues to grow rapidly. Over 18,000 personal tax returns were submitted last year and in...

The Treasury has launched a consultation on ending the scheme which allows some employers and employees to pay a lower rate of National Insurance contribution...

The 30 June 2017 deadline for Isle of Man Financial Institutions to submit their 2016 US FATCA reports to the Income Tax Division is now less than one month...