Local insight. Global expertise.
The Isle of Man offers a highly competitive tax environment for both individuals and businesses. At Grant Thornton, we help clients make the most of these advantages by providing trusted advice on structuring, compliance and strategic planning.
Whether you’re relocating, managing your business interests, or optimising your corporate structure, our Isle of Man-based team delivers solutions that ensure efficiency, transparency and peace of mind.
Our Isle of Man tax services
Maximise personal tax efficiency
The Isle of Man’s tax system offers:
- Simple, progressive rates: Competitive allowances and rates up to 22% (reducing to 21% in 2025/26).
- Tax cap options: A fixed liability limit, ideal for high-net-worth individuals.
- No capital gains or inheritance tax: Ensuring wealth preservation across generations.
We assist with personal tax returns, relocation advice and residency planning, helping you navigate these benefits confidently and compliantly.
Structure for growth and compliance
Businesses benefit from a 0% corporate tax rate (with exceptions for banking, retail, and property income) and the absence of transfer pricing rules. The Isle of Man’s customs union with the UK simplifies VAT and trade requirements.
Our specialists advise on:
- Corporate and VAT compliance;
- Business establishment and relocation;
- Withholding tax and structuring considerations.
We help ensure your business meets local obligations while taking full advantage of the Island’s competitive tax regime.
Simplifying complex obligations
Whether you are filing a corporate return, planning expansion, or managing payroll, our advisors offer hands-on support to meet your Isle of Man and UK tax reporting obligations. We provide:
- Personal and corporate tax return assistance;
- Advice on relocation and residency changes;
- Strategic tax planning for businesses and individuals.
Why Grant Thornton
As trusted Isle of Man-based advisors, we combine local insight with access to global expertise.
With Grant Thornton, our clients receive:
- Specialist local knowledge: In-depth understanding of Isle of Man tax legislation.
- Holistic support: Integrated advice across corporate, personal and international tax.
- Efficiency and transparency: Proactive management of compliance to reduce administrative burden.
- A partner-led approach: Direct access to experienced professionals who understand your goals.
Make the most of the Isle of Man’s unique tax environment. Contact our local team to get started today.