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Chamber welcomes new minimum wage increase & personal tax allowance Budget proposals

The Isle of Man Chamber of Commerce welcomes the decision to increase the minimum wage rate for over-18s from £11.45 to £12.86 from April 1st.

Chamber’s reaction to the minimum wage increase

The Chamber of Commerce is deeply disappointed by the decision to proceed with a 9.9% minimum wage increase, despite repeated warnings from employers across the Island. 

Chamber's Reaction Toward Minimum Wage Increase | Oct 2025

The Chamber of Commerce is deeply disappointed by the decision to proceed with a 9.9% minimum wage increase, despite repeated warnings from employers across the Island.

Regulation of Health and Social Care (ROHSC) Bill Public Consultation | October 2025

Chamber supports proportionate regulation where there is a proven risk to public safety. However, the Bill, in its current form, is disproportionate, duplicative, and economically damaging.

Chamber Statement on 9.9% Minimum Wage Increase

The Chamber noted back in July that changes to the minimum wage calculation methodology were imminent. The now-confirmed 9.9% increase represents one of the largest adjustments in recent years.

Chamber urges Tynwald to back new minimum & living wage proposals | June 2025

Isle of Man Chamber of Commerce wants Tynwald to back proposals in a Department for Enterprise report which would change how minimum and living wage rates are calculated.