National Insurance reform proposals

Closed 7 Oct 2022

Opened 18 Jul 2022

Feedback updated 9 Feb 2023

We asked

The Treasury sought views in relation to National Insurance reform proposals.

You said

332 responses were received, 194 of which were from employed individuals.

The responses indicated an overarching desire for fairness and strong support for the initial reform of National Insurance.

Further information on the feedback received can be found in the Consultation Report – summary of response below.

We did

The Treasury is grateful to all who responded to the consultation.

As a result of the consultation the Department proposes to: 

  • merge the payment of Class 2 and Class 4 National Insurance and
  • address fairness in relation to Owner Managed Businesses

Further details, including a delivery plan, can be found in the Consultation Report – summary of response below.

Results updated 9 Feb 2023

Files:

Overview

The purpose of the consultation is to obtain views in relation to National Insurance reform proposals.

Why your views matter

The payment of National Insurance Contributions and the benefits that they provide form a vital element of our economy. The consultation is relevant to all residents of the Isle of Man. 
 

Consultation process

If you would like to give your views, click on the 'Online Survey' link below to be taken to our online consultation. 

Please check the 'Related' section below for supporting documents and links.

The closing date for responses is 7 October 2022.

Areas

  • All Areas

Audiences

  • All residents

Interests

  • Policies, strategies & plans
  • Pensions