Annemarie Hughes
Annemarie has gained a reputation as one of the Isle of Man's foremost trust and pensions specialists. Annemarie advises on complex contentious and non-contentious trust matters involving Isle of Man trusts and foundations.
Annemarie is recommended as a leading lawyer by leading independent directories.
Annemarie advises many of the Island's primary pensions administrators on all aspects of pensions law and regulation. Annemarie advises local fiduciaries regarding trusts matters generally, and in recent years has gained an increasing practice in advising clients on compliance with international tax investigations and requests under Tax information Exchange legislation. Annemarie has advised on several United States IRS and Department of Justice investigations involving Isle of Man companies and trusts including attending formal interviews as advisor with United States authorities.
Annemarie is a Chartered Tax Adviser and Director of STEP Isle of Man and member of the STEP Technical and Policy Committee. Annemarie also contributed to Bloomsbury's Planning and Administration of Offshore & Onshore Trusts and Butterworths Offshore Service and regularly presents at international and domestic conferences for leading conference organisers
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1 Contributions by Annemarie Hughes
PRACTICE NOTES
Isle of Man private client guide: residence-based taxation, trusts and foundations, succession and probate, capacity and powers of attorney, immigration
Taxation regime
What factors determine tax liability in your jurisdiction (eg domicile, residence or citizenship)?
On the Isle of Man, only residence is relevant for tax purposes. In broad terms, a person is considered resident for Island tax if they:
are present for more than six months in any tax year (which ends on 5 April)
spend over 90 days per tax year on average across four or more years, with residence then applying from the fifth year
arrive on the Island intending to become resident
What taxes apply to an individual’s income?
For 2025–26, the personal allowance is £14,750. Income above this is taxed at 10% on the first £6,500 of excess and 21% on anything further. Married couples and civil partners can choose joint assessment, which doubles the allowances to £29,500 and defers the higher rate until after £13,000. Personal allowances are reduced by £1...
Private Client
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