The Isle of Man in the Irish Sea
Tuesday, 14 April 2015 - 11:25 am (CET/MEZ) Berlin | Author/Destination: Great Britain / Großbritannien General
Reading Time: 6 minutes
Isle of Man Tourist Trophy statue at Snaefell, showing Joey Dunlop by sculptor Amanda Barton © Finn Bjorklid
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The Isle of Man, otherwise known simply as Mann, is a self-governing
British Crown Dependency , located in the
Irish Sea between the islands of Great Britain and Ireland within the
British Isles . The head of state is
Queen Elizabeth II , who holds the title of
Lord of Mann . The Lord of Mann is represented by a
Lieutenant Governor , but its foreign relations and defence are the responsibility of the British Government. Although the United Kingdom does not usually intervene in the island’s domestic matters, its “good government” is ultimately the responsibility of the Crown (that is, in practice, the Government of the United Kingdom).
The main international event associated with the island is the Isle of Man Tourist Trophy race, colloquially known as “The TT”, which began in 1907. It takes place in late May and early June. The TT is now an international road racing event for motorcycles, which used to be part of the World Championship, and is long considered to be one of the “greatest motorcycle sporting events of the world”. Taking place over a two week period, it has become a festival for motorcycling culture, makes a huge contribution to the island’s economy and has become part of Manx identity. For many, the Isle carries the title “road racing capital of the world”.
Isle of Man Tourist Trophy statue at Snaefell, showing Joey Dunlop by sculptor Amanda Barton © Finn Bjorklid
The rate of corporation tax is 0% for almost all types of income, the only exceptions are that the profits of banks are taxed at 10%, as is rental (or other) income from land and buildings situated on the Isle of Man. Offshore banking, manufacturing, and tourism form key sectors of the economy. Agriculture and fishing, once the mainstays of the economy, now make declining contributions to the Island’s Gross Domestic Product (GDP). 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 .
The
Isle of Man Sea Terminal in Douglas is served by frequent ferries to and from
Heysham . Douglas is also served by frequent summer services to and from
Liverpool with a more restricted timetable operating in winter. There are also limited summer-only services to and from
Belfast and
Dublin . All ferries are operated by the
Isle of Man Steam Packet Company . The only commercial airport on the island is the
Isle of Man Airport at
Ronaldsway .
Learn more on
Government of Isle of Man ,
Isle of Man Tourism ,
Isle of Man Tourist Trophy ,
Isle of Man Airport and
Wikipedia Isle of Man . Learn more about the
use of photos . To inform you about latest news most of the city, town or tourism websites offer a newsletter service and/or operate Facebook pages/Twitter accounts. In addition more and more destinations, tourist organizations and cultural institutions offer Apps for your Smart Phone or Tablet, to provide you with a mobile tourist guide (
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