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Wyn Hughes

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WYN HUGHES and ANDY MAXFIELD consider the tax advantages of Isle of Man corporations.

THE ISLE OF Man has long been considered an ideal location to site an offshore corporate base. Situated in the Irish Sea, within easy reach of the United Kingdom and Ireland, and using pound sterling as the principal unit of currency, the professional and financial services sector on the island is booming, with many non-Manx residents establishing Manx companies to their advantage.

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Would you like to be a judge for next year’s Taxation Awards? This week's opinion: 14 November 2024 Returns submission when exempt from MTD for VAT Spotlight targets disguised employment income scheme Massive hike in VAT receipts in 2023-24

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