The Isle of Man has announced a 12-month national insurance holiday extension worth up to £4,000 a year to attract new and returning residents.
The Isle of Man’s treasury minister, Alfred Cannan, announced in the jurisdiction's budget this week that the National Insurance Holiday Scheme, a relocation incentive launched last year to support employers with their recruitment programmes and to increase the island’s population, will remain in place for another 12 months.
The national insurance holiday is being offered to those who relocate to the Isle of Man in the next 14 months.
The scheme will continue to b...