Category Archives: News Around

News around Isle of Man

Applications for Dissolution – 1931 Act Companies

The Companies Acts 1931 to 2004
List of Companies that have applied for a Declaration of Dissolution
Pursuant to Section 273a(3)(A) of The Companies Act 1931 
The Department for Enterprise hereby gives Notice that the attached companies have applied fo…

£8.4m housing project at Clagh Vane to be completed this year

An £8.4 million project to replace public sector housing in Ballasalla is on target to be completed later this year.
The 42-home Horse Shoe in the Clagh Vane estate, which was demolished in 2016, will be replaced by 51 new properties.
Around half are d…

New relocation incentive for skilled workers and graduates welcomed by Department for Enterprise

The Department for Enterprise has welcomed an announcement today from Treasury Minister, Alf Cannan MHK, which will increase take home pay for new and returning residents.
In his 2019 budget speech, Minister Cannan announced a National Insurance Holida…

Capital investment projects to deliver lasting legacy

A robust capital investment programme will bring forward a range of schemes for the benefit of residents for generations to come.
Demonstrating confidence in the Island’s economy and building for the future, this year’s programme is set at £129.7 milli…

2019 Budget at a glance

The 2019 Budget puts in place progressive, affordable and sustainable measures to support the continued growth of the Isle of Man economy and to help all sectors of the community.

The headline initiatives include:

An increase for the third consecuti…

Spending equates to £12,938 per person

Total Isle of Man Government spending projected for 2019-20 equates to £12,938 per head for every man, woman and child of the Island’s population*.

This per person figure includes:

£3,951 for Social Security payments such as the State Pension, Incom…

A Budget of confidence to build on solid foundations

The Isle of Man’s solid financial foundations and its ability to meet the challenges ahead were the key themes when Treasury Minister Alfred Cannan MHK delivered his 2019 Budget in Tynwald today (Tuesday 19 February).

Mr Cannan highlighted a package o…

Department announces changes to Business Improvement Scheme

The Department for Enterprise has announced several changes to the Business Improvement Scheme (BIS), formerly the Business Support Scheme. The BIS provides funding of up to 50%, for Isle of Man businesses looking to engage with technical consultants t…

Financial Sanctions: ISIL (Da’esh) and Al-Qaida

This news release is issued in respect of the restrictive measures directed against the ISIL (Da’esh) and Al-Qaida organisations.
Annex I to Regulation (EC) No 881/2002 has been amended with effect from 18 February 2019  following the publication of Co…

Department for Enterprise introduces new Business Advisors for the Micro Business Grant Scheme

Following the recent changes implemented to the Micro Business Grant Scheme, the Department for Enterprise has appointed two new advisors to join the scheme’s business advisory team.
Tracy Underwood and Sandra Robertson will be joining the existing tea…