Today the Isle of Man Government has announced the launch of the Isle of Man Disruption Loan Guarantee Scheme. The Scheme has been introduced in response to the financial challenges facing businesses as a result of the coronavirus (COVID-19) pandemic, and will see the Island’s commercial banks supporting up to £60 million of new lending,…
Engineering and Manufacturing businesses based in the Isle of Man have been stepping up to support the local and international response to the COVID-19 pandemic. Businesses active across sectors such as aerospace, oil and gas, and ceramics have been turning their expertise to designing and producing essential medical equipment to help combat the spread of…
The Department for Enterprise’s Coronavirus Strategic Capacity Scheme has been established to provide financial support to businesses in sectors of strategic importance, starting with registered tourist accommodation business that have been financially affected by the global COVID-19 pandemic. The Isle of Man Government will be offering a tiered range of financial support, based on average…
Island residents who find themselves in financial difficulty are being reminded that a confidential Debt Counselling Service remains available to them. The service, run by the Isle of Man Government’s Office of Fair Trading (OFT), gives people the opportunity to talk to a specialist debt counsellor about their financial concerns. Martyn Perkins MHK, Chair of…
In the forthcoming weeks there are a number of statutory deadlines approaching for the submission of tax returns whilst the issue of tax returns to all individual taxpayers normally takes place in early April each year The Isle of Man Government recognises the considerable pressures that the coronavirus outbreak is placing on all aspects of…
