Jurisdiction(s):
United Kingdom

Isle of Man private client guide: residence-based taxation, trusts and foundations, succession and probate, capacity and powers of attorney, immigration

Published by a LexisNexis Private Client expert

Practice notes

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...

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Greg Jones

DQ Advocates

Greg is an English barrister and member of the Chartered Institute of Taxation. He was Head of Tax at KPMG on the Isle of Man where he spent 29 years before retiring in October 2019 and works with DQ as a consultant.Greg has experience in all areas of UK and Isle of Man personal and corporate taxation but specialises in private client matters, especially capital taxation, trusts, residence and domicile, double tax treaties, and liaising/ negotiating with tax authorities on disclosure issues.His clients include local and international high net worth individuals, companies, trusts and corporate service providers.Greg has been involved over the years in various tax strategy groups and working parties and is a frequent contributor to the business press and speaker at tax-related events both on and off the Island....

Annemarie Hughes

DQ Advocates

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...

Web page updated on 21/05/2026

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