Editing Isle of Man (section)

== Economy ==
{{Main|Economy of the Isle of Man}}

The Isle of Man has no [[capital gains tax]], [[wealth tax]], [[stamp duty]], or [[inheritance tax]]<ref>{{cite web |title=Financial Services Sector – Isle of Man. Where You Can. |url=http://www.gov.im/iomfinance/tax/directtax.xml |url-status=dead |archive-url=https://web.archive.org/web/20120419122502/http://www.gov.im/iomfinance/tax/directtax.xml |archive-date=19 April 2012 |access-date=28 February 2015 |website=gov.im |publisher=Isle of Man Government}}</ref> and a top rate of [[income tax]] of 22% (as of April 2024).<ref name="opw">{{cite web |date=2017 |title=Isle of Man Government: Rates & Allowances 2017/2018 |url=https://www.gov.im/categories/tax-vat-and-your-money/income-tax-and-national-insurance/individuals/residents/rates-and-allowances/ |access-date=2 December 2017 |website=gov.im |publisher=Isle of Man Government |archive-date=26 June 2018 |archive-url=https://web.archive.org/web/20180626220519/https://www.gov.im/categories/tax-vat-and-your-money/income-tax-and-national-insurance/individuals/residents/rates-and-allowances/ |url-status=live}}</ref> A tax cap is in force: the maximum amount of tax payable by an individual is £200,000 or £400,000 for couples choosing to have their incomes jointly assessed. Personal income is assessed and taxed on a worldwide income basis rather than a [[remittance]] basis. This means that all income earned throughout the world is assessable for Manx tax rather than only income earned in or brought into the island. The standard rate of [[corporate tax|corporation tax]] for residents and non-residents is 0%. Retail business profits above £500,000 and banking business income are taxed at 10%, while rental (or other) income from land and buildings situated on the Isle of Man is taxed at 20%.<ref>{{cite web |title=Isle of Man Government: Corporate Tax Rules |url=https://www.gov.im/categories/tax-vat-and-your-money/income-tax-and-national-insurance/business-and-corporations/corporate-tax-rates/ |access-date=2 December 2017 |website=gov.im |publisher=Isle of Man Government |archive-date=29 November 2017 |archive-url=https://web.archive.org/web/20171129171851/https://www.gov.im/categories/tax-vat-and-your-money/income-tax-and-national-insurance/business-and-corporations/corporate-tax-rates/ |url-status=live}}</ref>
[[File:Peel - Peel Bay Beach - geograph.org.uk - 1719663.jpg|thumb|upright=1.35|[[Peel, Isle of Man|Peel]] is the island's main fishing port.]]

Man's low corporate tax burden<ref>{{cite web |url=https://taxfoundation.org/publications/corporate-tax-rates-around-the-world/ |title=Corporate Tax Rates Around the World |publisher=Tax Foundation |website=TaxFoundation.org |date=9 December 2021 |access-date=15 March 2022 |archive-date=28 June 2022 |archive-url=https://web.archive.org/web/20220628013745/https://taxfoundation.org/publications/corporate-tax-rates-around-the-world/ |url-status=live }}</ref> and absence of public registries of corporate ownership<ref>{{cite web |url=https://cpa.co.uk/jersey-guernsey-and-the-isle-of-man-to-reveal-who-owns-offshore-firms/ |title=Jersey, Guernsey and the Isle of Man to reveal who owns offshore firms |publisher=The Credit Protection Association |website=CPA.co.uk |date=21 June 2019 |access-date=15 March 2022 |archive-date=17 June 2022 |archive-url=https://web.archive.org/web/20220617035746/https://cpa.co.uk/jersey-guernsey-and-the-isle-of-man-to-reveal-who-owns-offshore-firms/ |url-status=live }}</ref> provides [[tax avoidance]] and [[tax evasion]] strategies for individuals and corporations; this results in a large influx of funds from those in pursuit of tax advantage and financial confidentiality.<ref>{{cite web |url=https://www.elibrary.imf.org/view/books/071/29292-9781513575919-en/ch003.xml |title=Chapter 2 Europe's Shadow Economies: Estimating Size and Outlining Policy Options in: The Global Informal Workforce |publisher=Elibrary.imf.org |date=23 July 2021 |access-date=26 February 2022 |archive-date=24 February 2022 |archive-url=https://web.archive.org/web/20220224190148/https://www.elibrary.imf.org/view/books/071/29292-9781513575919-en/ch003.xml |url-status=dead}}</ref> The relative importance of agriculture, fishing and [[tourism in the Isle of Man]], the former mainstays of the economy, has accordingly declined.<ref name="theconversation1">{{cite web |first=Pete |last=Hodson |url=https://theconversation.com/the-isle-of-man-is-a-tax-haven-but-its-prosperity-has-precarious-roots-87146 |title=The Isle of Man is a tax haven – but its prosperity has precarious roots |publisher=Theconversation.com |date=9 November 2017 |access-date=26 February 2022 |archive-date=1 May 2022 |archive-url=https://web.archive.org/web/20220501094835/https://theconversation.com/the-isle-of-man-is-a-tax-haven-but-its-prosperity-has-precarious-roots-87146 |url-status=live }}</ref> As is typical of the low-tax crown dependencies, Man's economy features financial services, shell corporations for high-technology companies, online gambling and online gaming,<ref>{{cite web |date=19 January 2021 |title=Isle of Man Government – Gambling and e-gaming |url=https://www.gov.im/categories/business-and-industries/gambling-and-e-gaming/ |access-date=26 February 2022 |website=gov.im |publisher=Isle of Man Government |archive-date=20 June 2022 |archive-url=https://web.archive.org/web/20220620205512/https://www.gov.im/categories/business-and-industries/gambling-and-e-gaming/ |url-status=live }}</ref> cinema production and tax havens for high net worth individuals.<ref>{{cite web |last1=Chittum |first1=Ryan |last2=Robinson |first2=Tim |last3=Garside |first3=Juliette |date=6 November 2017 |title=Paradise Papers: A two-hour stop in the Isle of Man can save you millions in tax on a private jet |url=https://www.irishtimes.com/business/paradise-papers-a-two-hour-stop-in-the-isle-of-man-can-save-you-millions-in-tax-on-a-private-jet-1.3281663 |access-date=26 February 2022 |publisher=[[The Irish Times]] |archive-date=6 May 2024 |archive-url=https://web.archive.org/web/20240506030637/https://www.irishtimes.com/business/paradise-papers-a-two-hour-stop-in-the-isle-of-man-can-save-you-millions-in-tax-on-a-private-jet-1.3281663 |url-status=live }}</ref><ref>{{cite web |last=Garside |first=Juliette |date=6 November 2017 |title=How Isle of Man gives big refunds to super-rich on private jet imports |url=https://www.theguardian.com/news/2017/nov/06/isle-of-man-refunds-super-rich-private-jets-paradise-papers |access-date=26 February 2022 |work=[[The Guardian]] |archive-date=11 June 2022 |archive-url=https://web.archive.org/web/20220611135115/https://www.theguardian.com/news/2017/nov/06/isle-of-man-refunds-super-rich-private-jets-paradise-papers |url-status=live }}</ref> These activities have brought some high-income jobs to Man, as hundreds of local residents serve as "straw man" directors and shareholders of shell companies.<ref>{{cite book |last1=Jancsics |first1=David |title=Global Encyclopedia of Public Administration, Public Policy, and Governance |chapter=Shell Companies and Government Corruption |date=2018 |pages=1–5 |doi=10.1007/978-3-319-31816-5_3566-1 |isbn=978-3-319-31816-5}}</ref> Similar schemes provide a means for high net worth individuals to reduce their tax obligations and to shield their financial dealings from public scrutiny.<ref>{{cite web |url=https://www.icij.org/investigations/paradise-papers/elite-touch-down-on-isle-of-man-to-avoid-millions-in-tax/ |title=Elite touch down on Isle of Man to avoid millions in tax – ICIJ |date=25 August 2020 |access-date=24 February 2022 |archive-date=9 June 2022 |archive-url=https://web.archive.org/web/20220609224455/https://www.icij.org/investigations/paradise-papers/elite-touch-down-on-isle-of-man-to-avoid-millions-in-tax/ |url-status=live }}</ref><ref name="theconversation1"/> As described in the [[Paradise Papers]],<ref>{{cite web |url=https://www.theguardian.com/news/series/paradise-papers |title=Paradise Papers: A special investigation &#124; Paradise-papers |work=The Guardian |date= |access-date=26 February 2022 |archive-date=25 February 2021 |archive-url=https://web.archive.org/web/20210225143807/https://www.theguardian.com/news/series/paradise-papers |url-status=live }}</ref> the Isle of Man economy features extensive illegal economic activity including tax evasion, money laundering from drug sales, money transfers from weapons sales, and looting of public treasuries of other nation states (particularly Russia).<ref>{{cite web |url=https://www.theguardian.com/news/2017/nov/14/after-successive-offshore-scandals-are-there-signs-of-change-in-isle-of-man |title=After successive offshore scandals, are there signs of change in Isle of Man? &#124; Paradise Papers |work=The Guardian |date=14 November 2017 |access-date=26 February 2022 |archive-date=28 June 2022 |archive-url=https://web.archive.org/web/20220628141344/https://www.theguardian.com/news/2017/nov/14/after-successive-offshore-scandals-are-there-signs-of-change-in-isle-of-man |url-status=live }}</ref> These funds are mostly funneled into the London financial markets.<ref>{{cite web |url=https://publications.parliament.uk/pa/cm201719/cmselect/cmfaff/932/932.pdf |title=Moscow's Gold: Russian Corruption in the UK |author=House of Commons Foreign Affairs Committee |date=15 May 2018 |access-date=3 July 2023 |archive-date=3 March 2022 |archive-url=https://web.archive.org/web/20220303132809/https://publications.parliament.uk/pa/cm201719/cmselect/cmfaff/932/932.pdf |url-status=live }}</ref> Online gambling sites provided about 10% of the Manx government's revenue in 2014.<ref>{{cite web |title=The Gambling Law Review |url=https://thelawreviews.co.uk/title/the-gambling-law-review/united-kingdom |website=thelawreviews.co.uk |date=29 May 2023 |access-date=3 July 2023 |archive-date=30 June 2023 |archive-url=https://web.archive.org/web/20230630140441/https://thelawreviews.co.uk/title/the-gambling-law-review/united-kingdom |url-status=live }}</ref>{{full citation needed|date=September 2023|reason=This is not a citation to an article, it's just a link to an entire department at the target website. This is not a source.}}

There has been an effort to regulate these illicit activities on Man, though the impact of legal measures instituted by the Man government remains uncertain.<ref>{{cite news |date=9 December 2021 |title=Isle of Man launches strategy to tackle bribery and corruption |work=[[BBC News]] |url=https://www.bbc.com/news/world-europe-isle-of-man-59595491 |access-date=26 February 2022 |archive-date=17 June 2022 |archive-url=https://web.archive.org/web/20220617175148/https://www.bbc.com/news/world-europe-isle-of-man-59595491 |url-status=live }}</ref> As of June, 2023, Man remains out of compliance with standards for Anti-Money Laundering & Countering the Financing of Terrorism requirements according to [[Moneyval]], the [[European Union]]'s Committee of Experts on the Evaluation of Anti-Money Laundering Measures and the Financing of Terrorism.<ref>{{cite web |title=MONEYVAL: Financial crime challenges persist |url=https://www.financialmirror.com/2023/06/20/moneyval-financial-crime-challenges-persist/ |website=Financial Mirror |date=20 June 2023 |access-date=3 July 2023 |archive-date=3 July 2023 |archive-url=https://web.archive.org/web/20230703194556/https://www.financialmirror.com/2023/06/20/moneyval-financial-crime-challenges-persist/ |url-status=live }}</ref>

The Isle of Man [[Department for Enterprise (Isle of Man)|Department for Enterprise]] manages the diversified economy in 12 key sectors.<ref>{{cite web |title=Isle of Man: Key sectors |url=http://www.whereyoucan.com/sectors |url-status=usurped |archive-url=https://web.archive.org/web/20171203153908/http://www.whereyoucan.com/sectors |archive-date=3 December 2017 |access-date=2 December 2017 |website=Isle of Man Government}}</ref> The largest sectors by GNP are insurance and [[Online gambling|online casino operations]] with 17% of GNP each, followed by [[Information and communications technology|ICT]] and banking with 9% each. The 2016 census lists 41,636 total employed.<ref name="census-2016">{{cite web |title=2016 Isle of Man Census Report |url=https://www.gov.im/news/2022/feb/02/first-details-of-2021-census-report-published/ |access-date=2 February 2022 |website= |publisher=Isle of Man Government |archive-date=1 May 2022 |archive-url=https://web.archive.org/web/20220501095106/https://www.gov.im/news/2022/feb/02/first-details-of-2021-census-report-published/ |url-status=live }}</ref> The largest sectors by employment are "medical and health", "financial and business services", construction, retail and public administration.<ref>{{cite web |title=2016 Isle of Man Census Presentation |url=https://www.gov.im/media/1355783/2016-isle-of-man-census-presentation.pdf |website=gov.im |publisher=Isle of Man Government |access-date=2 December 2017 |archive-date=3 December 2017 |archive-url=https://web.archive.org/web/20171203013850/https://www.gov.im/media/1355783/2016-isle-of-man-census-presentation.pdf |url-status=live}}</ref> Manufacturing, focused on aerospace and the food and drink industry,<ref>{{cite web |title=Isle of Man Manufacturing Sector |url=http://www.whereyoucan.com/manufacturing |access-date=2 December 2017 |website=whereyoucan.im |publisher=Department for Enterprise, Isle of Man |archive-date=3 December 2017 |archive-url=https://web.archive.org/web/20171203153911/http://www.whereyoucan.com/manufacturing |url-status=live}}</ref> employs almost 2000 workers and contributes about 5% of [[Gross Domestic Product|gross domestic product]] (GDP). The sector provides laser optics, industrial diamonds, electronics, plastics and aerospace precision engineering. Tourism, agriculture and fishing, once the mainstays of the economy, now make very little contributions to the island's GDP. The unemployment rate on Man is less than 1%.<ref>{{cite web |url=https://www.gov.im/news/2022/mar/15/labour-market-report-for-february-2022/ |title=Isle of Man Government – Labour market report for February 2022 |website=gov.im |publisher=Isle of Man Government |access-date=19 March 2022 |archive-date=1 May 2022 |archive-url=https://web.archive.org/web/20220501094828/https://www.gov.im/news/2022/mar/15/labour-market-report-for-february-2022/ |url-status=live }}</ref>

Trade takes place mostly with the United Kingdom. The island is in customs union with the UK, and related revenues are pooled and shared under the [[Common Purse Agreement]]. This means that the Isle of Man cannot have the lower excise revenues on alcohol and other goods that are enjoyed in the [[Channel Islands]].

The Manx government [[Isle of Man Film|promotes island locations for making films]] by offering financial support. Since 1995, over 100 films have been made on the island.<ref>{{cite web |date=27 September 2013 |title=Who We Are |url=https://www.isleofmanfilm.com/about/ |url-status=usurped |archive-url=https://web.archive.org/web/20171204061234/https://www.isleofmanfilm.com/about/ |archive-date=4 December 2017 |access-date=3 December 2017 |website=Isle of Man Film}}</ref> Most recently the island has taken a much wider strategy to attract the general digital media industry in film, television, video and [[esports]].<ref>{{cite web |title=Isle of Man Digital Media Cluster. Strategic Directions for the Isle of Man |url=http://isleofmedia.org/wp-content/uploads/2017/12/Isle-of-Media-National-Strategy.pdf |url-status=dead |archive-url=https://web.archive.org/web/20171222064658/http://isleofmedia.org/wp-content/uploads/2017/12/Isle-of-Media-National-Strategy.pdf |archive-date=22 December 2017 |access-date=3 December 2017}}</ref>

The Isle of Man Government Lottery operated from 1986 to 1997. Since 2 December 1999 the island has participated in the [[National Lottery (United Kingdom)|United Kingdom National Lottery]].<ref>{{cite web |title=ontheisleofman.com |url=http://www.ontheisleofman.com/can-i-play-the-national-lottery-on-the-isle-of-man/ |url-status=dead |archive-url=https://web.archive.org/web/20170630005340/http://www.ontheisleofman.com/can-i-play-the-national-lottery-on-the-isle-of-man/ |archive-date=30 June 2017 |access-date=10 November 2017 |website=Ontheisleofman.com}}</ref><ref>{{cite web |title=UK National Lottery Diary |url=http://lottery.merseyworld.com/Info/Diary.html |access-date=28 February 2015 |website=Merseyworld.com |archive-date=19 March 2015 |archive-url=https://web.archive.org/web/20150319210353/http://lottery.merseyworld.com/Info/Diary.html |url-status=live}}</ref> The island is the only jurisdiction outside the United Kingdom where it is possible to play the UK National Lottery.<ref>{{cite web |title=National Lottery FAQ:Can I play while overseas? |url=http://www.national-lottery.co.uk/player/p/help/faqs.ftl#int_GetStarted2 |url-status=dead |archive-url=https://web.archive.org/web/20140703194651/https://www.national-lottery.co.uk/player/p/help/faqs.ftl#int_GetStarted2 |archive-date=3 July 2014 |access-date=10 November 2017 |website=National-lottery.co.uk}}</ref> Since 2010 it has also been possible for projects in the Isle of Man to receive national lottery [[The National Lottery Awards|Good Causes Funding]].<ref>{{Cite news |date=20 June 2010 |title=Manx charities to benefit from lottery |work=[[BBC News]] |url=https://www.bbc.co.uk/news/10361512 |url-status=live |access-date=28 February 2015 |archive-url=https://web.archive.org/web/20140922095859/http://www.bbc.co.uk/news/10361512 |archive-date=22 September 2014}}</ref><ref>{{cite web |title=House of Lords – Constitution – Ninth Report |url=https://publications.parliament.uk/pa/ld200506/ldselect/ldconst/151/15107.htm |access-date=28 February 2015 |website=Parliament.uk |archive-date=18 February 2015 |archive-url=https://web.archive.org/web/20150218051045/http://www.publications.parliament.uk/pa/ld200506/ldselect/ldconst/151/15107.htm |url-status=live}}</ref> The good causes funding is distributed by the Manx Lottery Trust.<ref>{{cite web |title=About |url=http://www.mlt.org.im/ |access-date=28 February 2015 |website=MLT.org.im |publisher=Manx Lottery Trust |archive-date=2 March 2015 |archive-url=https://web.archive.org/web/20150302163433/http://www.mlt.org.im/ |url-status=live}}</ref> [[Tynwald]] receives the 12% lottery duty for tickets sold in the island.

Tourist numbers peaked in the first half of the 20th century, prior to the boom in cheap travel to Southern Europe that also saw the decline of tourism in many similar English seaside resorts. The Isle of Man tourism board has recently invested in "Dark Sky Discovery" sites to diversify its tourism industry. It is expected that dark skies will generally be nominated by the public across the UK. However, the Isle of Man tourism board tasked someone from their team to nominate 27 places on the island as a civil task. This cluster of the highest quality "Milky Way" sites<ref>{{cite web |title=Dark Sky Discovery Sites |url=http://www.darkskydiscovery.org.uk/dark-sky-discovery-sites/map.html#sites |access-date=10 November 2017 |website=Darkskydiscovery.org.uk |archive-date=10 November 2017 |archive-url=https://web.archive.org/web/20171110012420/http://www.darkskydiscovery.org.uk/dark-sky-discovery-sites/map.html#sites |url-status=live}}</ref> is now well promoted within the island. This government push has effectively given the island a headstart in the number of recognised Dark Sky sites. However, this has created a distorted view when compared to the UK where this is not promoted on a national scale. There, Dark Sky sites are expected to be nominated over time by the public across a full range of town, city and countryside locations rather than ''en masse'' by government departments.<ref>{{cite web |title=Stargazing Sites in the Isle of Man – Isle of Man |url=http://www.visitisleofman.com/placestovisit/darkskysites/darkskies.xml |url-status=dead |archive-url=https://web.archive.org/web/20160911125709/http://www.visitisleofman.com/placestovisit/darkskysites/darkskies.xml |archive-date=11 September 2016 |access-date=10 November 2017 |website=Visitisleofman.com}}</ref>

In 2017 an office of [[The International Stock Exchange]] was opened to provide a boost for the island's finance industry.<ref>{{cite web |date=9 March 2017 |title=Carolyn Gelling to lead new stock exchange company |url=http://www.iomtoday.co.im/article.cfm?id=32400&headline=Carolyn%20Gelling%20to%20lead%20new%20stock%20exchange%20company&sectionIs=news&searchyear=2017 |website=IOMToday |access-date=11 March 2017 |archive-date=12 March 2017 |archive-url=https://web.archive.org/web/20170312044209/http://www.iomtoday.co.im/article.cfm?id=32400&headline=Carolyn%20Gelling%20to%20lead%20new%20stock%20exchange%20company&sectionIs=news&searchyear=2017 |url-status=live}}</ref>

=== Communications ===
{{Main|Communications on the Isle of Man}}

[[File:cmglee_Douglas_Isle_of_Man_aerial_view.jpg|thumb|{{{1|right}}}|Aerial view of Douglas and the southern half of the Isle of Man]]
The main telephone provider on the Isle of Man is [[Manx Telecom]]. The island has two mobile operators: Manx Telecom, previously known as Manx Pronto, and [[Sure (company)|Sure]]. [[Cloud9 (service provider)|Cloud9]] operated as a third mobile operator on the island for a short time but has since withdrawn.<ref>{{cite web |title=Telecompaper |url=https://www.telecompaper.com/news/isle-of-man-operators-launch-mobile-number-portability--673548 |access-date=2 June 2022 |website=telecompaper.com |archive-date=2 June 2022 |archive-url=https://web.archive.org/web/20220602141904/https://www.telecompaper.com/news/isle-of-man-operators-launch-mobile-number-portability--673548 |url-status=live }}</ref>

Broadband internet services are available through four local providers: Wi-Manx, Domicilium, Manx Computer Bureau and [[Manx Telecom]], non-local offerings have begun to offer coverage with recent investment from [[Starlink]] which is available island wide. The island does not have its own [[International Telecommunication Union|ITU]] [[list of country calling codes|country code]] but is accessed via the British country code (+44). Telephone numbers are part of the [[Telephone numbers in the United Kingdom|British telephone numbering plan]], with local dialling codes 01624 for landlines and 07524, 07624 and 07924 for mobiles. Calls to the island from the UK, however, are generally charged differently from those within the UK and may or may not be included in any "inclusive minutes" packages.<ref>{{cite web |title=Phone Tariff Residential |url=http://www.productsandservices.bt.com/consumer/assets/downloads/BT_PhoneTariff_Residential.pdf |website=BT.com |publisher=[[BT Group]] |access-date=30 May 2017 |archive-date=14 September 2015 |archive-url=https://web.archive.org/web/20150914151455/http://www.productsandservices.bt.com/consumer/assets/downloads/BT_PhoneTariff_Residential.pdf |url-status=live}}</ref><ref>{{cite web |title=Calling abroad from the UK |url=http://international.o2.co.uk/internationaltariffs/calling_abroad_from_uk |website=O2.com |publisher=Telefónica Europe |access-date=30 May 2017 |archive-date=25 May 2017 |archive-url=https://web.archive.org/web/20170525225346/http://international.o2.co.uk/internationaltariffs/calling_abroad_from_uk |url-status=live}}</ref>

In 1996, the Isle of Man Government obtained permission to use the [[.im]] national [[top-level domain]] (TLD) and has ultimate responsibility for its use. The domain is managed from day to day by Domicilium, an island-based internet service provider. In December 2007, the [[Manx Electricity Authority]] and its telecommunications subsidiary, e-llan Communications, commissioned the laying of a new fibre-optic link that connects the island to a worldwide fibre-optic network. In August 2021 it was reported that [[Elon Musk]]'s satellite internet service, [[Starlink]], had been granted a licence to operate from a ground station on the island.

The Isle of Man has three radio stations: [[Manx Radio]], [[Energy FM (Isle of Man)|Energy FM]] and 3FM.

There is no insular television service, but local transmitters retransmit British mainland digital broadcasts via the free-to-air [[digital terrestrial]] service [[Freeview (UK)|Freeview]]. The Isle of Man is served by [[BBC North West]] for [[BBC One]] and [[BBC Two]] television services, and [[ITV Granada]] for [[ITV (TV network)|ITV]].

Many television services are available by satellite, such as [[Sky (UK & Ireland)|Sky]] and [[Freesat]] from the group of satellites at [[Astra 28.2°E|28.2° East]], as well as services from a range of other satellites around Europe such as the [[SES Astra|Astra]] satellites at [[Astra 19.2°E|19.2° east]] and [[Hot Bird]].

The Isle of Man has three newspapers, all weeklies and owned by [[Isle of Man Newspapers]], a division of the Edinburgh media company [[Johnston Press]].<ref>{{cite web |title=Our Business |url=http://www.johnstonpress.co.uk/jpplc/ourbusiness/publishingdivision/division.jsp |access-date=12 September 2011 |publisher=Johnston Press}}{{dead link|date=March 2020|bot=medic}}{{cbignore|bot=medic}}</ref> The ''[[Isle of Man Courier]]'' (distribution 36,318) is free and distributed to homes on the island. The other two newspapers are ''[[Isle of Man Examiner]]'' (circulation 13,276) and the ''[[Manx Independent]]'' (circulation 12,255).<ref>{{cite web |title=Isle of Man Newspapers |url=http://www.iomtoday.co.im/newspaper.aspx |url-status=dead |archive-url=https://web.archive.org/web/20080822194758/http://www.iomtoday.co.im/newspaper.aspx |archive-date=22 August 2008 |access-date=4 September 2008 |website=IOMToday |publisher=[[Isle of Man Newspapers]]}}</ref>

Postal services are the responsibility of the [[Isle of Man Post Office]], which took over from the UK's [[General Post Office]] in 1973. Independent postal services such as [[DHL]], [[FedEx]] and [[Hermes Europe]] are also present.

=== Transport ===
{{Main|Transport in the Isle of Man}}
[[File:Douglas Sea Terminal - Isle of Man - kingsley - 20-APR-09.jpg|thumb|right|Sea Terminal front façade]]
There is a comprehensive bus network, operated by the government-owned bus operator [[Bus Vannin]].<ref>{{cite web |title=Isle of Man Government – Bus and Rail |url=https://www.gov.im/categories/travel-traffic-and-motoring/bus-and-rail/ |access-date=12 November 2017 |website=gov.im |publisher=Isle of Man Government |archive-date=10 November 2017 |archive-url=https://web.archive.org/web/20171110151806/https://www.gov.im/categories/travel-traffic-and-motoring/bus-and-rail/ |url-status=live}}</ref>

The [[Isle of Man Sea Terminal]] in Douglas has regular ferries to and from [[Heysham]] and to and from [[Liverpool]], with a more restricted timetable operating in winter. The two vessels are ''Manannan'' and ''Manxman''. The latter, named by the public in mid 2020 and built by [[Hyundai Heavy Industries Group|Hyundai]], arrived in 2023 and soon had largely taken over from the ''Ben My Chree''. There are also limited summer-only services to and from [[Belfast]] and [[Dublin]]. The Dublin route also operates at Christmas. At the time of the [[Isle of Man TT]] a limited number of sailings operate to and from [[Larne Harbour railway station|Larne]] in [[Northern Ireland]]. All ferries are operated by the [[Isle of Man Steam Packet Company]].<ref>{{cite web |title=Steam Packet Company |url=https://www.steam-packet.com/?__SPCoWinID=fb3a8cbb-61ce-40aa-bf27-95e1d8d2e301 |access-date=10 November 2017 |website=Steam-packet.com |archive-date=15 October 2017 |archive-url=https://web.archive.org/web/20171015203048/https://www.steam-packet.com/?__SPCoWinID=fb3a8cbb-61ce-40aa-bf27-95e1d8d2e301 |url-status=live}}</ref>

The only commercial airport on the island is the [[Isle of Man Airport]] at [[Ronaldsway]]. There are direct scheduled and chartered flights to numerous airports in the United Kingdom and Ireland.<ref>{{cite web |title=Isle of Man Airport |url=https://www.gov.im/categories/travel-traffic-and-motoring/isle-of-man-airport/ |url-status=live |archive-url=https://web.archive.org/web/20171015202056/https://www.gov.im/categories/travel-traffic-and-motoring/isle-of-man-airport/ |archive-date=15 October 2017 |access-date=10 November 2017 |website= |publisher=Isle of Man Government}}</ref>

The island has a total of {{convert|688|mi}}<ref>{{cite web |title=Isle of Man – About the Island |url=http://www.isleofman.com/tourism/about/ |url-status=dead |archive-url=https://web.archive.org/web/20080225093426/http://www.isleofman.com/tourism/about |archive-date=25 February 2008 |access-date=10 November 2017 |website=Isleofman.com}}</ref> of public roads, all of which are paved. There is no overriding national speed limit; only local speed limits are set, and some roads have no speed limit. Rules about reckless driving and most other driving regulations are enforced in a similar way to the UK.<ref name="speed01">{{cite web |date=2005 |title=Driving on the Isle of Man |url=http://www.iomguide.com/drivingontheisleofman.php |access-date=8 June 2010 |website=Isle of Man Guide |publisher=Maxima Systems |archive-date=18 November 2018 |archive-url=https://web.archive.org/web/20181118164713/http://www.iomguide.com/drivingontheisleofman.php |url-status=live}}</ref> There is a requirement for regular vehicle examinations for some vehicles (similar to the [[MOT test]] in the UK).<ref>{{cite web |date=1 January 1988 |title=Vehicle examination |url=https://www.gov.im/categories/travel-traffic-and-motoring/drivers-and-vehicles/vehicle-registration-and-licensing/vehicle-examination/ |access-date=15 August 2019 |website=gov.im |publisher=Isle of Man Government |archive-date=19 December 2018 |archive-url=https://web.archive.org/web/20181219230208/https://www.gov.im/categories/travel-traffic-and-motoring/drivers-and-vehicles/vehicle-registration-and-licensing/vehicle-examination/ |url-status=live}}</ref>

The island used to have an extensive [[British narrow-gauge railways|narrow-gauge railway]] system, both steam-operated and electric, but the majority of the steam railway tracks were taken out of service many years ago and the track removed. {{as of|2023}}, there is a [[Isle of Man Railway|steam railway]] between Douglas and Port Erin, an [[Manx Electric Railway|electric railway]] between Douglas and Ramsey and an [[Snaefell Mountain Railway|electric mountain railway]] which climbs [[Snaefell]].<ref name="Heritage" />

One of the oldest operating [[Douglas Bay Horse Tramway|horse tram]] services is located on the sea front in the capital, [[Douglas, Isle of Man|Douglas]]. It was founded in 1876.<ref name="Heritage">{{cite web |date=2017 |title=Heritage Railways |url=https://www.gov.im/categories/travel-traffic-and-motoring/bus-and-rail/heritage-railways/ |url-status=dead |archive-url=https://web.archive.org/web/20190315110306/https://www.gov.im/categories/travel-traffic-and-motoring/bus-and-rail/heritage-railways/ |archive-date=15 March 2019 |access-date=8 November 2017 |website=gov.im |publisher=Isle of Man Government}}</ref>

=== Space commerce ===
The Isle of Man has become a centre for emerging [[Private spaceflight|private space travel]] companies.<ref>{{cite web |last=Goodman |first=Mike |date=22 July 2011 |title=Lift-off for Isle of Man's quest to join space race |url=https://www.telegraph.co.uk/finance/personalfinance/offshorefinance/8644850/Lift-off-for-Isle-of-Mans-quest-to-join-space-race.html |archive-url=https://web.archive.org/web/20110724020838/http://www.telegraph.co.uk/finance/personalfinance/offshorefinance/8644850/Lift-off-for-Isle-of-Mans-quest-to-join-space-race.html |url-status=dead |archive-date=24 July 2011 |access-date=12 September 2011 |website=[[The Daily Telegraph]]}}</ref> A number of the competitors in the [[Google Lunar X Prize]], a $30&nbsp;million competition for the first privately funded team to send a robot to the Moon, are based on the island. The team summit for the X Prize was held on the island in October 2010.<ref>{{cite web |date=18 October 2010 |title=Lunar Entrepreneurs Converge on Isle of Man for Google Lunar X PRIZE Summit |url=http://www.googlelunarxprize.com/media-center/press-release/lunar-entrepreneurs-converge-on-isle-of-man-for-google-lunar-x-prize-summ |url-status=dead |archive-url=https://web.archive.org/web/20120402103131/http://www.googlelunarxprize.com/media-center/press-release/lunar-entrepreneurs-converge-on-isle-of-man-for-google-lunar-x-prize-summ |archive-date=2 April 2012 |access-date=12 September 2011 |website=GoogleLunarXPrize.com}}</ref> In January 2011 two research space stations owned by [[Excalibur Almaz]] arrived on the island and were kept in an aircraft hangar at the airfield at the former [[RAF Jurby]] near [[Jurby]].<ref>{{cite web |date=6 January 2011 |title=Research space stations arrive on Isle of Man |url=https://www.bbc.co.uk/news/world-europe-isle-of-man-12128590 |url-status=live |archive-url=https://web.archive.org/web/20110720041420/http://www.bbc.co.uk/news/world-europe-isle-of-man-12128590 |archive-date=20 July 2011 |access-date=12 September 2011 |website=[[BBC News]]}}</ref>

=== Electricity supply ===
The electricity supply on the Isle of Man is run by the [[Manx Utilities Authority]]. The Isle of Man is connected to [[National Grid (Great Britain)|Great Britain's national grid]] by a 40&nbsp;[[Megawatt|MW]] [[alternating current]] link ([[Isle of Man to England Interconnector]]). There are also hydroelectric, natural gas and diesel generators. The government has also planned a 700 MW offshore wind farm, roughly half the size of [[Walney Wind Farm]].<ref name="4coff">{{cite web |date=1 February 2017 |title=Isle of Man Offshore Wind Farm |url=https://www.4coffshore.com/windfarms/windfarms.aspx?windfarmid=IM01 |access-date=14 November 2018 |website=4C Offshore |archive-date=15 September 2018 |archive-url=https://web.archive.org/web/20180915122234/https://www.4coffshore.com/windfarms/windfarms.aspx?windfarmid=IM01 |url-status=live}}</ref>

=== Gas supply ===
{{Main|Isle of Man gas industry}}

Gas for lighting and heating has been supplied to users on the Isle of Man since 1836, firstly as [[Coal gas|town gas]], then as [[liquefied petroleum gas]] (LPG); since 2003 [[natural gas]] has been available. The future use of [[Hydrogen economy|hydrogen]] as a supplementary or substitute fuel is being studied.<ref>{{cite web |title=Impact report Appendix 19 |url=https://www.gov.im/media/1368072/appendix-19-gas-grid.pdf |access-date=29 January 2022 |website=gov.im |publisher=Isle of Man Government |archive-date=6 May 2024 |archive-url=https://web.archive.org/web/20240506030314/https://www.gov.im/media/1368072/appendix-19-gas-grid.pdf |url-status=live }}</ref>

=== Cannabis cultivation ===
In June 2021, the law prohibiting commercial cultivation of cannabis on the Isle of Man was repealed, and the government of Man, for the first time, offered licences for production and export of cannabis. In February 2022, Man resident and local billionaire [[John Whittaker (businessman)|John Whittaker]], through his firm [[The Peel Group|Peel NRE]], proposed to spend US$136 million for the construction of warmhouses for cannabis cultivation and research facilities, and to develop the business. It was announced that zoning permits had been granted for development of the facility. Although the availability of medical cannabis is heavily restricted within the UK, there has been an effort to develop the cannabis industry on the Channel Islands of Jersey and Guernsey.<ref>{{cite web |url=https://hightimes.com/news/isle-of-man-plans-136-million-facility-off-coast-of-u-k/ |title=Isle Of Man Plans $136 Million Facility Off Coast of U.K. |publisher= |work=High Times |date=21 February 2022 |access-date=26 February 2022 |archive-date=9 June 2022 |archive-url=https://web.archive.org/web/20220609225851/https://hightimes.com/news/isle-of-man-plans-136-million-facility-off-coast-of-u-k/ |url-status=live }}</ref><ref>{{cite news |url=https://www.bbc.com/news/world-europe-isle-of-man-60404400 |title=Plans outlined for £100m Isle of Man medicinal cannabis complex |work=[[BBC News]] |date=16 February 2022 |access-date=26 February 2022 |archive-date=10 June 2022 |archive-url=https://web.archive.org/web/20220610064914/https://www.bbc.com/news/world-europe-isle-of-man-60404400 |url-status=live }}</ref><ref>{{cite web |url=https://www.cnbc.com/2022/02/28/billionaire-john-whitaker-hopes-to-set-up-cannabis-farm-on-isle-of-man.html |title=Property billionaire hopes to set up huge cannabis farm on a tiny island in the Irish Sea |website=[[CNBC]] |date=28 February 2022 |access-date=28 February 2022 |archive-date=1 May 2022 |archive-url=https://web.archive.org/web/20220501094828/https://www.cnbc.com/2022/02/28/billionaire-john-whitaker-hopes-to-set-up-cannabis-farm-on-isle-of-man.html |url-status=live }}</ref>