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Isle of Man 2019-20 Budget Individual Income Tax and Social Security Measures Approved

|Approved Changes|Isle Of Man
Isle Of Man

The Isle of Man has published the orders and regulations approved by the Tynwald (parliament) on 19 February 2019 for the implementation of certain individual income tax and social security measures of the 2019-20 Budget. The orders and regulations come into operation on 6 April 2019 and include:

Income Tax (Resident Individuals) (Income Tax Cap) Order 2019

This Order increases the income tax cap amount for the year of assessment commencing 6 April 2019 to IMP 175,000 for an individual an…

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