Return the extra Manx tax

The Isle of Man Government has revealed that they collected £21.3 million EXTRA in income tax than they budgeted for last year. This wasn’t planned. They don’t need it for any specific purpose. This extra tax should be returned to the people it was taken from: £473 for every income taxpayer on the Island.

Provide immediate financial relief to working families;
Provide additional benefits to small businesses as residents spend these funds;
Demonstrate fiscal responsibility and respect for taxpayers;
Reinforce the principle that government should not take more is needed; and
Build trust between the government and the people of the Isle of Man.

Acknowledge that this windfall belongs to the taxpayers of the Isle of Man;
Commit to returning the full £21.3 million to income taxpayers; and
Implement a distribution mechanism to achieve this before the end of the current calendar year.

The Government says that the extra tax was collected “due to factors such as higher interest rates“. This extra tax should be given back to the people who paid it.

That’s YOUR money.

The Government admits that this tax windfall came from higher interest rates. The accounts also reveals that the government already had enough money to deliver its planned services. This extra £21.3 million? It’s a windfall surplus. It is an overpayment by the public to the Government that belongs in your pocket, not government coffers.

Further, this extra tax was taken in error by the Treasury Department because they made a bad forecast. The Treasury Department shouldn’t take extra income tax because it made a bad forecast. That’s a recipe for further errors.

We’re Taking Action

The Manx TaxPayers’ Alliance has launched a petition to the Treasury Minister calling for this money to be returned to where it belongs: To you, the income taxpayers who paid it.

The proposal is simple: every one of the Island’s 45,000 income taxpayers should receive a payment of around £473. No complicated schemes. Minimum bureaucracy. Just your money, returned to you.

Why This Matters

Think what £473 could mean for your family:

• Help with rising energy bills;
• Extra support for grocery costs;
• A boost to your savings; or
• Simply money to spend in our local economy.

The government has already funded everything it planned to do. There’s no need to cut any services. This is about a fundamental principle: when government takes more than it needs, it should give it back.

We Need YOUR Voice

This campaign will only succeed if taxpayers across the Island stand together. The government needs to hear that we expect them to do the right thing.

Sign the petition today and demand your £473 back.

Share this with friends, family, and colleagues. Every income taxpayer on the Island has a stake in this. The more voices we have, the harder it becomes for government to ignore us.

This is a rare opportunity. The government has admitted they have £21.3 million they didn’t plan for and don’t need. Let’s make sure it goes back where it belongs – in your pocket.

Act now. Sign the petition. Get your money back.

Together, we can make this happen.

Michael Josem
Manx TaxPayers’ Alliance