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 for individuals and £100 for jointly-assessed couples.
Key rises in the following benefits:
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Total Government gross spending projected for 2022-23 equates to around £14,044 per head for every member of the Island’s population[1], including children.
This per person figure includes:
£4,214 for Social Security payments such as the State Pension…
A five-year capital programme set at £485.3 million will provide a firm base for Isle of Man Government departments to fulfil the aims of Our Island Plan.
The Budget for the forthcoming financial year involves a capital spending commitment of £174 mill…
Maintaining economic strength, enabling growth, supporting working families and protecting the vulnerable were the key themes when Treasury Minister David Ashford MBE MHK delivered his 2022 Budget in Tynwald today (Tuesday 15 February).
Emphasising the…
The shortlist for the 2021 Isle of Man Sports Awards has been announced following public nominations and shortlisting by the Isle of Man Sports Awards committee.
The event, which gathers the Island’s sporting heroes, will be held at the Villa Marina in…
Manx Care no longer requires the use of face masks in all of its health and social care settings – instead, they will now only be required in inpatient/outpatient/resident/service user areas.With immediate effect and in line with UK Health Security Age…
The latest labour market report, compiled and published by the Statistics Isle of Man team at the Cabinet Office, shows the number of people registered unemployed was 309 for January 2022.
The figure increased by 18 persons from the previous month (Dec…
A new LoveIOM Gift Card incentive, ‘Why Not Weekdays?’ has been launched, offering consumers 25% cashback when using their LoveIOM Gift Card to pay at participating hospitality venues from Monday to Thursday, in February 2022.
By paying using their Lov…
This news release is issued to publicise changes to UK legislation relating to the Russian sanctions regime.
The Russia (Sanctions) (EU Exit) (Amendment) Regulations 2022 came into force on 10 February to toughen and expand the UK’s sanctions regime ag…
The Companies Acts 1931 to 2004
List of Companies that have applied for a Declaration of Dissolution
The Department for Enterprise hereby gives Notice that the above Companies have applied for a Declaration of Dissolution under the provisions of Sectio…
