Description

Publication date: October 2017

This unique tax guide tells you everything you need to know about living in the Isle of Man to escape the UK's high taxes.

Some of the most hated taxes in Britain do not even exist on the Isle of Man, including:

• Capital gains tax
• Inheritance tax
• Stamp duty land tax

There is income tax but the top tax rate is just 20% and a big chunk of your income will be tax free or taxed at just 10%.

Corporation tax is 0%, so the Isle of Man is also an extremely attractive place to run a business.

However, there are tax traps awaiting the unwary, so it's essential to arm yourself with all the facts.

Unlike many tax havens, which make it difficult for anyone except the ultra rich to obtain residence, the Isle of Man welcomes entrepreneurs with open arms and you may even qualify for a business grant from the Manx Government.