Tax, VAT and Your Money News
Spending equates to £13,740 per person
Total Government gross spending projected for 2021-22 equates to around £13,740 per head for every man, woman and child of the Island’s population[1].
This per...
Tuesday, 16 February 2021
Budget Update 2020 at a glance
A £100m Economic Recovery Fund will be created to bolster businesses, promote innovation, create training and employment opportunities, and invest in the...
Tuesday, 21 July 2020
Budget Update 2020: £100m Economic Recovery Fund to enable Isle of Man’s fightback from coronavirus pandemic
Treasury Minister Alfred Cannan MHK today announced a £100m Economic Recovery Fund and unveiled measures to protect jobs, secure investment and enable growth...
Tuesday, 21 July 2020
Speech: Treasury Minister Alfred Cannan MHK’s Budget Update Speech
Mr President
The collapse of Flybe on the 5th March this year rapidly brought home the growing impacts of the Coronavirus pandemic on our economy.
At that...
Tuesday, 21 July 2020
Budget provides focus on a sustainable future
Treasury Minister Alfred Cannan MHK today unveiled a Budget of Focus to enable the Isle of Man Government to meet its fiscal plan, grow the economy, deliver...
Tuesday, 18 February 2020
Capital programme to provide platform for growth
A capital programme set at £159 million will focus spending on a range of schemes aimed at delivering a lasting legacy for the people of the Isle of...
Tuesday, 18 February 2020
Spending equates to £13,220 per person
Total Government gross spending projected for 2020-21 equates to around £13,220 per head for every man, woman and child of the Island’s population*.
This per...
Tuesday, 18 February 2020
Budget 2020 at a glance
An increase to the personal income tax allowance of £250 to £14,250 will lift 465 people out of the tax net and reduce income tax by up to £50 for individuals...
Tuesday, 18 February 2020
