On-Air Now
Facebook

The Budget: New Manx state pension to be introduced

Tue, 19 Feb 2019


The Treasury Minister has delivered the Isle of Man 2019 Budget in Tynwald today.

In his 2019 Budget speech, Treasury Minister Alfred Cannan announced personal tax allowances will rise to £14,000.

The new Manx state pension will be introduced from April and has been set at £184.15 per week.

Total government spending projected for 2019-20 will be £1.038bn.

A sugar tax is also set to be introduced in a bid to tackle childhood obesity on the Island.

Investment will also be made in the road infrastructure, modernising Ronaldsway Airport and £30m secured to build a new ferry terminal in Liverpool.


 

Subscribe to get Energy FM News direct to your mobile device

You can get Energy FM News delivered direct to your mobile device using one of the following methods.

  • In the Apple News App on iOS search for Energy FM IOM and then just add it to your favourites
  • In the Google News & Weather App just search for Energy FM and then add us as a customised section
  • If you use an RSS Reader then just add our feed to your app, click here for our news RSS feed