Income Tax and National Insurance News
2022/23 Notices of Coding
In his Budget speech last month, the Treasury Minister announced changes in income tax personal allowances as follows:
Personal...
Friday, 11 March 2022
Budget 2022 - Practice Notes
In his Budget speech today, Treasury Minister David Ashford MBE MHK announced various taxation and National Insurance measures.
The Income Tax Division of...
Tuesday, 15 February 2022
Public Notice: Social Security: changes to payment dates and opening hours over Christmas period
Customers should note that the Social Security offices at Markwell House in Market Street, Douglas, will be closed on:
Monday 27 December 2021
Tuesday...
Thursday, 16 December 2021
Public Notice: Important information - deadline for corporate income tax returns for accounting periods ended 31 December 2020
Corporate taxpayers are advised that the effective final deadline for submission of income tax returns for accounting periods ended 31 December 2020 is midnight...
Monday, 13 December 2021
Financial Sanctions: Myanmar
This news release is issued to publicise the addition of 4 new entries to the Myanmar sanctions regime.
The Myanmar Sanctions Regulations 2021 [SI 2021/496]...
Monday, 13 December 2021
National Income Report indicates 1.9% growth in GDP
The Isle of Man’s economy grew by 1.9% in 2019/20 compared to the previous year.
The figure is published in the annual Isle of Man National Income 2019/20...
Monday, 22 November 2021
Isle of Man and Ireland sign updated taxation agreement
Deputy Chief Minister Jane Poole-Wilson MHK is pictured with the ambassador of Ireland to the United Kingdom Adrian O’Neill signing a Protocol amending an...
Friday, 19 November 2021
Inflation Report: October 2021
The latest inflation report, compiled and published by the Economic Affairs team at the Cabinet Office, shows inflation stood at 4.4% for October 2021.
A...
Thursday, 11 November 2021
Inflation Report: September 2021
The latest inflation report, compiled and published by the Economic Affairs team at the Cabinet Office, shows inflation stood at 5.0% for September 2021.
A...
Monday, 1 November 2021
Deadline for submitting personal income tax returns now just a few days away
There are now just a few days to go until the 6 October 2021 deadline for the submission of personal income tax returns.
Submitting online is already the...
Wednesday, 29 September 2021