IM Income Tax
Isle of Man personal income tax for resident individuals in the 2026/27 tax year (6 April 2026 to 5 April 2027). It covers residence (the six-month statutory test and the 90-day four-year practice), the GBP 17,000 personal allowance (GBP 34,000 for a jointly assessed couple) and its taper above GBP 100,000, the 10% and 21% rates and the GBP 6,500 / GBP 13,000 lower-rate band, additional allowances, deductions relieved at 10% and their limits, the GBP 220,000 / GBP 440,000 tax cap election, independent and joint taxation, returns, payment dates, payment on account, penalties and late-payment interest, and double taxation relief.
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