Tourism in the Isle of Man Tourism in the Isle of Man Tourism in the Isle of Man refers to the tourism industry of the Isle of Man, which has been an important element in the economy for over a century. In the early days visitors were mostly richer British families. Key for the development of the sector in the Victorian Era was the introduction of ferry connections with steamships between Liverpool and the Isle of Man, the Isle of Man Railway, and the Victoria Pier in Douglas. Later in the 19th and early 20th centuries, the island was the destination for working-class families, mainly from
Economy of the Isle of Man <nowiki>'Enterprise Island, "Tech Isle', 'Manufacturing centre of excellence', 'Offshore energy hub', 'Destination Island' and for 'Distinctive local food and drink'</nowiki>. The government has published its national economic strategies for several emerging sectors: aerospace, biomed, digital media, ICT. 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%. A tax cap is in force: the maximum amount of tax payable by an individual is £125,000; or £250,000 for couples if they choose to have their incomes jointly assessed. Personal income is assessed