The Isle of Man Treasury has published an updated version of Practice Note (PN) 207/19 concerning the National Insurance Holiday Scheme, which is being extended a further year as part of the 2021-22 Budget. The Practice Note, which was originally published on 19 February 2019, includes the following: --- WHO WILL THE SCHEME APPLY TO? a) New residents The scheme applies to anyone who takes up residence in the Island on or after 6 April 2019 and who has not been resident here for tax purposes at any time in the five tax years immediately preceding that in which they...