Back to atlas

Europe

Isle of Man

Currency

IMP

Corporate Tax

0%

Personal Income Tax

20%

VAT / GST

20%

Corporate Income Tax

Headline rate0%

0% standard; 10% on banking income; 20% on retail (over £500k profit).

Personal Income Tax

Top marginal rate20%

Top rate 20% (capped at £200k).

Value Added Tax / GST

Standard rate20%

Standard 20% (mirrors UK VAT).

Withholding Taxes

Dividends

0%

Interest

0%

Royalties

0%

Rates shown are statutory; treaty networks may reduce withholding significantly. Verify against the relevant double-tax agreement.

Social Security Contributions

~14% (employer ~7% + employee ~7%, capped).

Wealth & Capital Taxes

Capital Gains Tax

0%

Inheritance / Estate Tax

0%

Capital (Net Worth) Tax

0%

Property Tax

Property tax

Rates are indicative headline figures and may omit holding-period exemptions, regional variation, and surcharges. Verify against current law before relying on them.

Filing Deadlines

Corporate returnWithin 12 months after year-end; quarterly instalments
Personal / PAYEAssessment by January following year
VAT / GSTQuarterly, by end of second month following

Tax Year

6 April – 5 April

Notes

0% standard CIT. e-Business and ship/aircraft registry. VAT aligned with UK.