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2016-17 Budget

About The Government > Departments > The Treasury > Budget

Key features of the 2016-17 Isle of Man Budget include: A £1,000 increase in individual’s income tax personal allowance, to £10,500, lifting 2,000 of those on the lowest incomes out of the tax net

2021-22 Budget

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Isle of Man Budget Update at a glance The Treasury Minister Alfred Cannan MHK described the Budget for 2021-2022 as a “budget of resilience” that aims to stabilise the economy, protect jobs

2019-20 Budget

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2019-20 Isle of Man Budget at a glance Key features of the 2019-20 Isle of Man Budget include: An increase for the third consecutive year to the personal income tax allowance, of £750 to £14,000

2015-16 Budget

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Key features at a glance of the Isle of Man Budget include: In 2015-16: Government has achieved its aim of a rebalanced revenue budget, with provision for a £2m surplus. A reduction in gross

2022-23 Budget

About The Government > Departments > The Treasury > Budget

Isle of Man Budget Update at a glance An increase to the personal income tax allowance of £250 to £14,500 will lift approximately 300 people out of the tax net and reduce income tax by up to £50

2020-21 Budget

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2020-21 Isle of Man Budget at a glance  A £100m Economic Recovery Fund will be created to bolster businesses, promote innovation, create training and employment opportunities, and invest

2023-24 Budget

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Isle of Man Budget Update 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

2018-19 Budget

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2018-19 Isle of Man Budget at a glance The 2018 Budget puts in place progressive, affordable and sustainable measures to support the continued growth of the Isle of Man economy and to help all

2017-18 Budget

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2017-18 Isle of Man Budget at a glance Key features of the 2017-18 Isle of Man Budget include: Personal income tax allowance increased by £2,000 to £12,500, making more than 44,000 individuals

2012-13 Budget

About The Government > Departments > The Treasury > Budget

. Spending is £35 million below last year's plan. Comparative staff costs are £1.5 million below last year's budget. Staffing was reduced by 170 posts last year. The overall reduction over 3 years
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