In an effort to attract even more wealthy entrepreneurs to its shores, the
Isle of Man has set a £100,000-a-year personal income tax limit.
The move was announced yesterday by Treasury minister, Allan Bell, as he
revealed the island’s annual Budget.
Under the previous rules, income tax was capped at maximum rate 18% of making
the crown dependency an already attractive destination for tax exiles.
The island is also set to introduce a standard zero rate of corporate tax,
ending an arrangement in which resident and non-resident companies were assessed
differently, the FT reported.
Crowe Clark Whitehill , the top 20 accountancy firm, has announced the promotion of Chris Mould to partner
The latest opinions from Accountancy Age on Making Tax Digital, and outline plans to evolve the UK's corporate governance regime
Five million taxpayers are ow using digital personal tax accounts (PTA) as part of the making tax digital strategy, HMRC said
UK-based non-doms have paid ten times more tax than the average taxpayer, raising concerns over the Brexit impact on non-dom contributions and therefore, the economy