Support Available
Assistance is by way of a grant, paid retrospectively, of £1,000 per employee. 50% of the grant (£500) is to be paid to the business after presenting the first month’s payslip of the new employee. The remaining 50% (£500) is to be paid to the business after presenting the new employee’s sixth month’s payslip. The maximum grant is £1,000 per employee for this Appendix.
In order to receive the first £500 grant payment, the employee’s first month’s payslip must show that a minimum gross salary of £1,666.67 has been paid to the employee in that month. In order to receive the second £500 grant payment, the business must evidence that a minimum of £10,000 gross income (excluding overtime and other benefits) has been paid to the employee for the 6 month period.
The £1,000 grant is to be used at the business’s discretion but it is encouraged to support the employee with their relocation to the Island.
If, on application for this grant, the business indicates that they will use it to provide an enhanced or differentiated employee package for either a £500 upfront cash payment to support the cost of accommodation or to make accommodation available to the employee, the business will be eligible to be included in the marketing campaign.
Please contact the Locate team for further information locate.dfe@gov.im +44 (0) 1624 686400.
Eligibility Criteria
The Roles
The Business
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must be in an eligible sector (outlined in the guidance);
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must have a permanent establishment/place of business in the Island;
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must be an eligible business under the Regulations (outlined in guidance);
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must be up to date with all tax (including VAT) and National Insurance obligations including returns and payments.
The Job
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must constitute a full time, fixed-term / seasonal or permanent contract of employment;
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pay a minimum gross salary equivalent to £20,000 per annum (excluding overtime and other benefits); and
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must not be an excluded employment (outlined in guidance).
The Employee
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must be directly employed by the business;
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their work must take place predominantly on the Island;
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Except for the 3 months prior to employment must not have been resident on the Island for income tax purposes for any of the previous 6 years unless classed as a Manx Student;
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must be resident on the Island for the period of employment in respect of which the grant is claimed and national insurance and ITIP must be deducted from the salary paid;
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If a Manx Student the employee must provide evidence that they are in their last year of study
How do I apply?
Please visit www.dfe.im/fas for more information and click here to submit an initial enquiry form.
Please note that the Department cannot accept retrospective applications. The employer must submit the application in advance of employment.
