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The Isle of Man parliament, known as Tynwald, is believed to be the oldest continuous parliamentary body in the world. The postal history of the island pre-dates introduction of the first postage stamps in 1840. The island used British stamps until 1958 when regional issues began. The Isle of Man Post Office was founded in 1973 to secure postal ...
The Isle of Man's postal service was originally operated by the United Kingdom's General Post Office (GPO), with a daily postal connection with the UK since 1879. In 1966 the UK Government commenced planning to convert the General Post Office into a public corporation, and as part of this process offered each of the Crown Dependencies the opportunity to assume control of the operations of the ...
The BF postcode area was introduced in 2012 to provide optional postcodes for British Forces Post Office addresses, for consistency with the layout of other UK addresses. It uses the national non-geographic post town "BFPO" and, as of 2012, the postcode district "BF1". Each BFPO number is assigned an inward code, which are gouped as: 0 ...
The Isle of Man is a low-tax economy with no capital gains tax, wealth tax, stamp duty, or inheritance tax; and a top rate of income tax of 20%. [11] A tax cap is in force: the maximum amount of tax payable by an individual is £200,000; or £400,000 for couples if they choose to have their incomes jointly assessed.
The Isle of Man Government Notes Act revoked the banks' licences to issue banknotes as of 31 July 1961. [10] The Isle of Man Government started to issue its own notes, in denominations of 10/-, £1 and £5, on 3 July 1961. In 1969, the 10/- note was replaced by a 50 new pence note in the build-up to decimalisation. £20 notes were introduced in ...
The official coinage of the Isle of Man are denominated in Manx pounds. From 1971 to 2016, coins of the Isle of Man were minted by Pobjoy Mint Limited. [1] Since 2017, coins of the Isle of Man have been minted by the Tower Mint. Due to matching appearance and value of pound sterling coins, these coins often appear in circulation within the ...
Postcodes were introduced in the Isle of Man in 1993, with the island becoming the IM postcode area. Each town or area is associated with one or more postcode districts, assigned by Isle of Man Post Office. Outside the larger towns, the postcode districts are further broken down and each postal sector is assigned to a number of villages and ...
The Isle of Man is connected to Great Britain's national grid by a 40 MW alternating current link (Isle of Man to England Interconnector). There are also hydroelectric, natural gas and diesel generators. The government has also planned a 700 MW offshore wind farm, roughly half the size of Walney Wind Farm. [139]