Bookkeeping for Isle of Man sole traders
Bookkeeping for Isle of Man sole traders: records, invoices, receipts, mileage and VAT. Not HMRC. Hand the records to your accountant.
Tally Up Blog
Self Assessment and Making Tax Digital on the Isle of Man
Isle of Man sole traders do not use UK Self Assessment. Making Tax Digital does not apply to Isle of Man income tax. You file with the Assessor of Income Tax.
Allowable expenses for Isle of Man sole traders
Allowable expenses for Isle of Man sole traders, per the Assessor of Income Tax GN 1. What you can deduct from profit, and what you cannot.
Isle of Man self-employed tax: what applies to you
A clear guide to what applies when you go self-employed on the Isle of Man — income tax, Class 2 / Class 4 NI, VAT, record keeping, and the 2026/27 rates and deadlines you need in your diary.
What is the Isle of Man tax year and what are the key dates?
The four Isle of Man tax dates every sole trader needs in the diary — 6 April (year starts), 5 April (year ends), 6 October (filing deadline, £100 penalty if missed), and 6 January (Payment on Account).
Using QuickBooks or Xero on the Isle of Man? Here's what to watch for
QuickBooks, Xero and FreeAgent on the Isle of Man are fine for the books and wrong for the tax estimate. This is not Making Tax Digital and not UK Self Assessment.