The Isle of Man government issued a release on the first emergency support measures for businesses and workers affected by Coronavirus (Covid-19) introduced on 17 March 2020. As provided in the release, the measures introduced are as follows:
- Reduce to nil the rate of employer class 1 National Insurance contributions that are paid by certain sectors to alleviate staff costs. This will help to reduce the burden on affected businesses, such as:
- Tourist Accommodation
- Catering, entertainment an…