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Payments Administrator
2 months ago
**About the Isle of Man**
The Isle of Man is a leading international business centre renowned for its innovation, professionalism, and long-standing policy of positive engagement with international initiatives and standards. The Isle of Man has its own democratically elected Parliament and judicial system. In addition, the Isle of Man has a stable and diverse economy, with advanced infrastructure, a financially rewarding business environment, and an enviable quality of life.
**In the Isle of Man, residents enjoy low taxes; pay 0% Capital Gains Tax, 0% Inheritance Tax, and 0% Stamp Duty.**
Under the new scheme, an individual earning a £30,000 salary will take home £27,450 in their first year of living in the Island - £3,650 more than their UK counterparts. This represents a 15% increase compared with the UK as those earning the same salary would keep £23,800.
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