The Isle of Man Treasury has published Practice Note (PN) 216/21, which provides guidance on the taxation of COVID-19 financial support, including the following measures:

• COVID-19 Salary Support Scheme;
• Manx Earnings Replacement Allowance (MERA);
• Coronavirus Business Support Scheme;
• Coronavirus Fisheries Industry Support Scheme; and
• Strategic Capacity Scheme.

Income Tax

For income tax…