Latest News Headlines
On-Air Now
Listen Live

CYG Homestay income to be tax free

Sat, 16 Jul 2011

Income for Homestay accomodation during the Commonwealth Youth Games will be tax free.

The Department of Economic Development has confirmed that those providing homestay accomodation will not be taxed on their income, providing it does not exceed £1500 over the course of the tax year.

The scheme helps provide additional accomodation during TT and Manx Grand Prix, and this year will also be used during the Commonwealth Youth Games.

477 properties have registered for the Manx Grand Prix and the Games, which take place in September.

All homestay accodomation must be registered with Isle of Man Tourism.

More information on homestay can be obtained by emailing



Subscribe to get Energy FM News direct to your mobile device

You can get Energy FM News delivered direct to your mobile device using one of the following methods.

  • In the Apple News App on iOS search for Energy FM IOM and then just add it to your favourites
  • In the Google News & Weather App just search for Energy FM and then add us as a customised section
  • If you use an RSS Reader then just add our feed to your app, click here for our news RSS feed