Government and institution measures in response to COVID-19.
Government and institution measures in response to COVID-19.
Return to homepage | Last updated: 30 September, 2020
Most restrictions relating to COVID-19 were removed by mid-June following local elimination of the virus, although border restrictions remain. An ‘air bridge’ with Guernsey has allowed unrestricted travel between the two islands over the summer; residents travelling off-island are required to self-isolate upon their return; non-residents from other locations must obtain an Exemption Certificate before travelling to the Isle of Man, and certificates can only be obtained in limited circumstances.
Many of the measures introduced to support businesses and individuals through the lockdown period have been withdrawn or are winding down, with the local economy now open again. The Government’s general stated principle is that it will support businesses where it’s decisions relating to the control of COVID-19 have severely restricted their market sector or operating ability in the short to medium term. Tourist Accommodation businesses continue to be affected by border restrictions, and the Government is currently considering how best to support that sector through the winter months.
Click here to see a comprehensive summary of jurisdictional tax measures and government reliefs in response to COVID-19.
The Government has formed an Economic Recovery Group and has parliamentary approval for an Economic Recovery Fund of up to £100m to support a full recovery and develop the Island’s economy for the future.
The current focus is on three pillars:
Main sources of information
Tax: David Parsons – davidparsons@kpmg.co.im
Restructuring: Russell Kelly – russellkelly@kpmg.co.im / Aidan Tucker – aidantucker@kpmg.co.im