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Income Tax and National Insurance News

Sign up for online tax services and save time

One of the most popular ways to use Online Services is to submit personal income tax returns. This was the preferred method for the majority of Isle of Man...
Monday, 3 April 2023

NI changes to come into effect next month

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...
Monday, 20 March 2023

Budget 2023 at a glance

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...
Tuesday, 21 February 2023

Deadline for corporate income tax returns for accounting periods ended 31 December 2021

Corporate taxpayers are advised that the effective final deadline for submission of income tax returns for accounting periods ended 31 December 2021 is midnight...
Monday, 12 December 2022

Tax bill payments due on 6 January 2023

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...
Monday, 28 November 2022

Deadline for submitting personal income tax returns is just over one week away

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...
Tuesday, 27 September 2022

Sign up for online services and save time

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...
Tuesday, 19 July 2022

Consultation launched into modernising National Insurance

A consultation process has opened today aiming to gather views on National Insurance. The exercise follows the publication of an independent report into the...
Monday, 18 July 2022

Over 1,000 company and business annual returns submitted online

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...
Thursday, 12 May 2022

Tax return deadline approaching for employers and contractors

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...
Tuesday, 19 April 2022
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