Tax
With effect from 06 April 2006 the Isle of Man has one of the most favourable personal and corporate tax regimes in the world.
Tax Cap on total income tax payable of £100,000 per individual or £200,000 per married couple from 06 April 2006.
Zero rate of income tax for all companies from 6 April 2006, except for those deriving income from banking activities or from land and property in the Isle of Man.
Personal income tax rate at 10% with a higher rate of 18%.
Personal tax allowances at £8,670 for single persons and £17,340 for married couples for year commencing 06 April 2006.
The Isle of Man does not have any:-
Stamp Duty
Inheritance Tax
Capital Gains Tax
Insurance Premium Tax