The unique Equiom TaxOmeter® will calculate and compare Isle of Man and UK income tax liability.

TaxOmeter® will calculate for you your basic income tax liability as an Isle of Man resident. It will also calculate and compare the income tax you would pay earning the same salary as a resident of the United Kingdom.

Simply enter your salary below in the single person or married couple section and the TaxOmeter® will make the calculations for you. Please enter the amount in £Sterling and we recommend that you read the notes at the bottom of the page.

Single person calculation

£
Calculate tax savings for single person



Married Couple Calculation

£
£
Calculate tax savings for married couple


Explanatory Notes

This information applies to the Tax Year 2009/2010

These calculations are intended to be a guide only and are not intended to serve as legal, accounting or tax advice. Users are recommended to consult with a professional advisor for advice concerning specific matters.

The calculations are based on gross income for persons under 65 years of age taxed on a PAYE basis. They are based on the tax payable on an individual's basic annual salary or gross taxable income, or a married couple's joint salary/income. The calculation takes account of personal and married couples allowances only and not any other tax relief.

 

 


Licensed by the Financial Supervision Commission of the Isle of Man